HeadlinesMaritime BusinessNews Ship owners to acquire vessels from China By maritimemag November 4, 2018 ShareTweet 0 Zion Olalekan | Ship Owners Association of Nigeria (SOAN) on Saturday signed a Memorandum of Understanding (MoU) with China Complete National Engineering Corporation (CCNEC) for the supply of 23,000 deadweight vessels at 6.5 metres. These vessels are structured for Nigerian waters. Dr McGeorge Onyong, the Vice President of SOAN said the MoU was in a bid to enhance shipping capacity in Nigeria. He made this known to newsmen in Lagos in a sector panel discussion for the downstream re-engineering. He said that SOAN would make provision for the financing of the purchase. According to him, the same goes for ship building as the association would partner the company to build vessels without necessarily waiting for government. “This business is so big that we cannot afford to fail as a group. So it’s something we need leadership that will be able to see the opportunities that we are craving to harness. “It is on record that 60 per cent of the world’s oil is being transported by ships so we are not in competition with anyone. If we have to turn this economy into a global one we ought to do it well,” he said. He added that the association would invest in shipping so as to take on the world and make the sector more resourceful for the common good. © 2018, maritimemag. All rights reserved.
Maritime Academy Rector advises youths against misguidance – As Best Graduate Clinch Automatic Employment
Headlines Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024962 views
Headlines Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation May 18, 2024868 views
Headlines No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders May 18, 20241018 views
Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote May 19, 2024
Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation May 18, 2024
No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders May 18, 2024