Wednesday , March 3 2021

Maritime

Belgium Eyes Prospects in Nigerian Ports

Belgium Eyes Prospects in Nigerian Ports

Investors from Belgium have expressed interest in the National Maritime Transport Policy being developed by Nigeria. Executive officers of the Port of Antwerp International, a Belgium port, stated this in Lagos during a meeting with Director-General of the Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh, according to a …

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Breach of Contract: Samsung Allegedly Receives $214m from Total Upstream Nigeria for Yard Construction

Breach of Contract: Samsung Allegedly Receives $214m from Total Upstream Nigeria for Yard Construction

…Falsely claims yard ownership …Can’t show proof of capital investment Evidence has emerged that Samsung Heavy Industries Nigeria Limited, SHIN, alledgely collected US$214 million from Total Upstream Nigeria for construction of a shipyard for Nigeria as part of the multi-billion-dollar Egina project, but is now claiming ownership of the yard. …

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