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Port Inspection Drops By 29.65%
The Nigerian Maritime Administration and Safety Agency has said that the total Ports State Inspection for the year 2020 was 510 out of 4,728 vessels that called at the nation’s ports in the year under review. This represents a 29.65 percent decrease when compared to 2019 which had a PSI of 726 vessels out of…
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Piracy On Nigerian Waters Falls By 77%
The Nigerian Maritime Administration and Safety Agency has said the country has witnessed its lowest level of piracy since 1994, with piracy dropping by 77 percent. NIMASA disclosed this in a statement saying the decline was reported by the International Maritime Bureau. “The trend of reduction in piracy and armed robbery in Nigerian waters has…
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Report: Global Maritime Industry Suffers $9.6BN Loss Daily Due To Suez Blockage
Shipping data have shown that the stranded Ever Given mega-container ship in the Suez Canal is holding up an estimated $9.6bn (£7bn) of goods each day which works out at $400 million an hour in trade along the waterway, a vital passageway between east and west. The Suez Canal separates Africa from the Middle East…