The $1.5 billion Lekki Deep Seaport is looking to more than double its cargo handling operations by the end of 2025, aiming for 500,000 Twenty-foot Equivalent Units (TEUs) after processing …
MARITIME TRADE
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EconomyInfrastructureTechnologyTrade and CommerceTransportation & Logisitics
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EconomyInfrastructureTrade and CommerceTransportation & Logisitics
Empty Container Backlog Worsens at Apapa Port as Shipping Lines Prioritise Imports
Shipping companies operating at Apapa Port have started prioritising the discharge of import-laden containers over the evacuation of empty units due to a sharp and sustained surge in cargo volumes. …
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AfricaDevelopmentSecurityTransportation & Logisitics
MOWCA, AfDB Plan Red Sea Vessel Diversion, Dry Dock Projects to Boost West and Central Africa Maritime Trade
To strengthen maritime trade across Africa and respond to growing global shipping challenges, the Maritime Organisation of West and Central Africa (MOWCA) and the African Development Bank (AfDB) have announced …
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EconomyNigeriaTrade and CommerceWestern Africa
Nigeria’s Maritime Trade Hits N130.8 Trillion in 2024
Nigeria’s foreign trade via maritime transport surged by 91% in 2024, reaching N130.75 trillion, up from N68.44 trillion in 2023, according to the National Bureau of Statistics (NBS). Exports dominated …
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BusinessEconomyInsuranceKenya News
KenTrade Targets Insurance Companies’ Systems Integration to upgrade maritime Trade
Kenya Trade Network Agency(KenTrade) has embarked on a sensitization programme targeting insurance companies aiming at onboarding them in the Trade Facilitation Program(TFP) in a bid to enhance efficiency in maritime …