Category : Search result: Atlantic maritime chase


Nigeria's Maritime Sector Sees Major Turnaround in 2025

The Federal Ministry of Marine and Blue Economy affirms significant progress in 2025, citing Apapa gridlock resolution, IMO Council return, and new port approvals as key achievements driving economic diversification.

US Forces Seize Venezuelan Tanker Amid Russian Escort

American military forces intercepted and seized a Venezuelan oil tanker in the North Atlantic, despite Russian naval protection. Get the full details on this major sanctions enforcement escalation.

US Seizes Russian Oil Tanker in North Atlantic

US forces seized the Russian-flagged Marinera oil tanker in the North Atlantic for violating sanctions linked to Venezuela and Iran. A second vessel was captured in the Caribbean. Read the full details.

High Stowaway Costs Burden Shipowners in West Africa

West African ports impose heavy fines and repatriation costs on shipping companies for stowaways, with incidents costing up to $30,000 each. Nigeria's shipping association criticizes the policy as unfair.

Lagos One-Bedroom Rent Hits ₦20.9m in 2025

A new report shows Lagos rents have skyrocketed, with a one-bedroom in Eko Atlantic costing ₦20.9m annually. Discover the full breakdown of prices across the city and the economic factors driving this surge.

Maritime Industry Progress Under Oyetola Lauded

House Committee Chairman Busayo Oke commends Minister Adegboyega Oyetola for transforming Nigeria's Marine and Blue Economy sector, highlighting progress and diversification as key achievements for 2026.

New Tariffs to Make Nigeria's Ports 55% More Expensive

Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.

Investor Fatigue, $14bn Gap Stall Nigeria's Deep-Seaports

Nigeria's ambition to become West Africa's maritime hub is faltering as seven deep-seaport projects stall, needing $14bn. Lekki Port operates at just 20% capacity. Experts urge policy review and a 'Prioritisation Matrix'.

Maritime Drug Smuggling Threatens Nigeria's Ports

A new report reveals criminal gangs are using 'legitimate' forwarding businesses to move drugs via commercial vessels. SEREC calls for urgent tech and institutional reforms to secure Nigeria's ports and supply chains. Read more.

Seafarers Seek Tax Clarity Ahead of 2026 Regime

Nigerian maritime stakeholders call for tax exemptions and clear guidelines for seafarers before the 2026 tax reform. They warn the new regime could unfairly burden this vital workforce.

How Strategy Cleared Mile 2-Tin Can Port Gridlock

Former Tin Can Island Port Manager, Sylvester Egede, details the non-coercive strategy that ended the notorious Mile 2 port corridor traffic. Learn the key lessons for solving national problems. Read more.

Navy Saves 20 from Burning Ship off Calabar

The Nigerian Navy rescued 20 crew members after their vessel, MV Chimba Express, caught fire on the Calabar waterways. One crew member remains missing as search efforts continue. Read the full report.

First Woman Appointed as NUPRC CEO, WIME Lauds Tinubu

Women in Maritime & Energy (WIME) commends President Tinubu for appointing Mrs. Oritsemeyiwa Eyesan as the first female Chief Executive of Nigeria's upstream oil regulator. Read more on this milestone for gender inclusion.

US Pursues Third Oil Tanker in Caribbean Near Venezuela

The US Coast Guard is actively pursuing another sanctioned oil tanker near Venezuela, intensifying pressure on Caracas's oil sector. This follows the recent seizure of the 'Centuries' tanker. Get the latest details.

Ex-Nickelodeon Star Tylor Chase Found Homeless

Tylor Chase, who starred in 'Ned's Declassified School Survival Guide,' was found living on the streets of California. The heartbreaking video has sparked widespread concern online.

FG Issues Bakassi Deep Seaport Compliance Certificate

Cross River Governor Bassey Otu receives Federal Government's compliance certificate for the $3.5 billion Bakassi Deep Seaport, hailing it as a game-changer for Nigeria's maritime economy. Read more.

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