Skip to main content

AfCFTA: NPA Berth First Wholly Nigerian Owned Container Vessel


 In a bid to maximize the benefits of  the African Continental Free Trade Area (AfCFTA), the Nigerian Ports Authority (NPA) on 2nd July at 05:05 hours berthed the first wholly Nigerian-owned container vessel.


The container vessel, which berthed at the Five Star Logistics Terminal in TinCan Island Port has its International Maritime Organization (IMO) number 9508770 and christened MV Ocean Dragon is owned by Clarion Shipping West Africa Limited, has a capacity of 349 Twenty-Foot-Equivalent Units (TEUs) gives a boost to concerted investment drive geared towards reaping the cost and time saving benefits of short-sea shipping.


The vessel, according to reports is scheduled to operate across West Africa and beyond, servicing ports in Nigeria, Benin Republic, Togo, Ghana, Cameroon, Sierra Leone, Ivory Coast, Egypt, South Africa and others, with expressions of interest for business already being established.


Responding to the milestone,  the Managing Director/ CEO of the NPA Abubakar Dantsoho said “this development is a testament to our relentless commitment towards deepening efficiencies required for maximizing our marine and blue economy potentials in line with the prompting of the Honourable Minister of Marine & Blue Economy Adegboyega Oyetola whose tenacity of purpose culminated in the recent Federal Executive Council (FEC) approval of the national policy on Marine and Blue Economy”.


On her part, Vice President of Clarion Shipping West Africa Limited, Bernadine Eloka, described the acquisition as a bold solution to the high-risk,

“We acquired MV Ocean Dragon to offer a seamless alternative to container haulage by road. Rather than struggling to move containers from Lekki to Onitsha, Port Harcourt, or Calabar by trucks, Ocean Dragon can move up to 349 containers by sea and deliver within two days from port to port,” Eloka said.


This development is coming on the heels of the announcement by the MD NPA Abubakar Dantsoho of fresh injection of 60 million USD in fresh investments towards the establishment of eco-friendly ports developments catalyzed by the Authority’s renewed orientation towards Nigerian content development.

Comments

Popular posts from this blog

Eze Uchendu Applauds Compt. Olomu's Outstanding Performance In Apapa

  ...Berates APMT For Lack  of Capacity & Technicality ...Calls FG to Set Up Committee To Access APMT Operations In Nigeria The remarkable performance of the Customs Area Controller of the Apapa Customs command, Comptroller Babatunde Olomu fsi has been commended by a renowned freight forwarder, the Chairman of National Association of Government Approved Freight Forwarder( NAGAFF), Apapa Chapter, Fowdr. Prince Eze Uchendu. Accessing the Apapa Command under the control of Compt. Olomu,  the  chairman applauded the resilience and doggedness of the area controller in all areas of operation, in his words, "I think for now we have a good controller, the person of controller, Babatunde Olomu, since his inception as the CAC Apapa, I can say Apapa Command has never had it so good, so I can score the Nigeria customs high In all fields of endeavour, the controller has been a moving controller,  he's not a controller that stays in office. He comes to the terminals ...

KNIGHTS OF ST. JOHN (KSJI) TAKES A SWIPE AT BAD LEADERSHIPS IN NIGERIA

  Maj. Gen. (Prof) Remy Uche,  KSJI Supreme Subordinate President, Nigeria. As Christians all over the world marked  the feast of the Passion of St. John the Baptist on August 29 commemoration of his beheading by King Herod for speaking up to the truth, the Knights of St. John International (KSJI) of the Roman Catholic Church has taken a swipe against which it described as obnoxious and draconian leaderships in many spheres of life in Nigeria. The Knights of St. John International (KSJI), a sodality organisation of men and women looked up to in the Roman Catholic Church as people of integrity, is not happy with the current situation in the country where leaders in some places are not serving expectedly. According to a press statement made by the KSJI leader in Nigeria (Supreme Subordinate President), Maj Gen. Remy Uche (Prof), and signed on his behalf, by his Chief of Staff, Sir Abuchi Anueyiagu, to mark the feast of the Passion of St. John the Baptist, the patron saint...

Breaking News: CBN Ordered To Immediately Suspend Enforcement Of Cuber-Security Levy

Hon. Tajudeen Abbass Speaker of the House of Representatives   The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately suspend the enforcement of the controversial cybersecurity levy. The House took this decision following a motion raised by Minority Leader Kingsley Chinda on behalf of all members. The House had expressed concern that the circular issued by the CBN could be misunderstood by Nigerians, it however, noted that the directive does not align with the principles outlined in section 44(2a) of the cybercrime Act regarding the recipients responsible for paying the levy. The House urged the CBN to promptly retract its previous circular regarding the levy’s enforcement and instead publish a new circular aligned with the Act’s provisions. The cybersecurity levy was introduced by CBN through a circular to all banks on May 6, 2024, in accordance with the stipulations of the cybercrime Act.