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    Afolabi, SIFAX Group win triple honours at Maritime Industry Merit Awards

    Afolabi, SIFAX Group win triple honours at Maritime Industry Merit Awards

    NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

    NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

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    Photo News: NIMASA Management engages with National Assembly on budget implementation

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    Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

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    Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

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    NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

    NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

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    Photo News: NIMASA Management engages with National Assembly on budget implementation

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    Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

    Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

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      Oyetola unveils historic £746m UK deal for Nigeria’s biggest Port upgrade in 50 years

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      Maritime Academy seeks sea-time placement of cadets, others with Liberia

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      AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

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      IMO Scribe, FMMBE Minister commend Maritime Academy of Nigeria for outstanding performance

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      IWD2026: Code to charting a new course for the next generation of women in maritime – Jean Anishere

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      World Water Day 2026:  Water and Gender: Where water flows, equality grows

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      Nigeria Customs bids farewell to DCG Dera Nnadi, celebrates Legacy of Service

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      NPA shares Happy International Women’s Day greetings

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      Veteran editor and media leader Lewis Obi dies

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      SIFAX Group 3rd Annual Thanksgiving Service features Lilian Nneji, Emma Oh My God in high praise

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      Photo News: NPCC honours executives, others in lapel pin badge decoration ceremony

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      NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

      NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

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      Jonathan, Bode George, Bruce, Alaibe, others to attend Deep Sea Investment Forum

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      NCS engages AfCFTA Secretariat on Simplified Trade Regime

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      Oyetola unveils historic £746m UK deal for Nigeria’s biggest Port upgrade in 50 years

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      Apapa Customs seizes N3.398bn Codeine syrup concealed in cargo containers

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      Nigeria Customs seizes 13 containers of expired pharmaceuticals, other contraband items worth N6bn at Apapa Port

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      APM Terminals Apapa, FREEE sign MoU to recycle used tyres

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        Afolabi, SIFAX Group win triple honours at Maritime Industry Merit Awards

        Afolabi, SIFAX Group win triple honours at Maritime Industry Merit Awards

        NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

        NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

        Photo News: NIMASA Management engages with National Assembly on budget implementation

        Photo News: NIMASA Management engages with National Assembly on budget implementation

        NDLEA EDO arrests 104 with 18,380KG of drugs… honours officers, journalists

        NDLEA EDO arrests 104 with 18,380KG of drugs… honours officers, journalists

        Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

        Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

        Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

        Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

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        NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

        NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

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        Photo News: NIMASA Management engages with National Assembly on budget implementation

        NDLEA EDO arrests 104 with 18,380KG of drugs… honours officers, journalists

        NDLEA EDO arrests 104 with 18,380KG of drugs… honours officers, journalists

        Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

        Oyetola pushes regional co-operation, investment drive at Liberia Fisheries Summit

        Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

        Jonathan, George, Alaibe, Gwandu, Diri, others push for efficient international port system

        Jonathan, Bode George,  Bruce, Alaibe, others to attend Deep Sea Investment Forum

        Jonathan, Bode George, Bruce, Alaibe, others to attend Deep Sea Investment Forum

        IWD 2026: CGC Adeniyi hosts surprise appreciation event for NCS women

        IWD 2026: CGC Adeniyi hosts surprise appreciation event for NCS women

        TTPs should consider renewable energy for long term projects – Dantsoho, MD NPA

        NPA targets export expansion, unveils Eastern Ports upgrade at Enugu Trade Fair

        NCS engages AfCFTA Secretariat on Simplified Trade Regime

        NCS engages AfCFTA Secretariat on Simplified Trade Regime

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          Integrated Oil &Gas extols women for their role in excellent service delivery

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          IWD2026: Code to charting a new course for the next generation of women in maritime – Jean Anishere

          A COMMUNIQUÉ ISSUED AFTER THE UNVEILING OF THE WATERSIDE CENTRE Nigeria/ MAIDEN MARINERS’ FORUM IN LAGOS, HELD ON 17 JULY 2025

          A COMMUNIQUÉ ISSUED AFTER THE UNVEILING OF THE WATERSIDE CENTRE Nigeria/ MAIDEN MARINERS’ FORUM IN LAGOS, HELD ON 17 JULY 2025

          World Water Day 2026:  Water and Gender: Where water flows, equality grows

          World Water Day 2026:  Water and Gender: Where water flows, equality grows

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          NPA shares Happy International Women’s Day greetings

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          Maritime Academy seeks sea-time placement of cadets, others with Liberia

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          Cadets from Maritime Academy of Nigeria to participate in NLNG overseas training programme

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          AMANO President Maiguwa honours teacher Adeyanju with holiday, cash gift

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          Maritime Academy of Nigeria boosts training capacity…establishes new seatime opportunities for cadets 

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          Master mariners seek professionals for policy-making positions to protect Nigerian seafarers

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          IMO Scribe, FMMBE Minister commend Maritime Academy of Nigeria for outstanding performance

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          IWD 2026: CGC Adeniyi hosts surprise appreciation event for NCS women

          Integrated Oil &Gas extols women for their role in excellent service delivery

          Integrated Oil &Gas extols women for their role in excellent service delivery

          IWD2026: Code to charting a new course for the next generation of women in maritime – Jean Anishere

          IWD2026: Code to charting a new course for the next generation of women in maritime – Jean Anishere

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          World Water Day 2026:  Water and Gender: Where water flows, equality grows

          Nigeria Customs bids farewell to DCG Dera Nnadi, celebrates Legacy of Service

          Nigeria Customs bids farewell to DCG Dera Nnadi, celebrates Legacy of Service

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          NPA shares Happy International Women’s Day greetings

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          Veteran editor and media leader Lewis Obi dies

          SIFAX Group 3rd Annual Thanksgiving Service features Lilian Nneji, Emma Oh My God in high praise

          SIFAX Group 3rd Annual Thanksgiving Service features Lilian Nneji, Emma Oh My God in high praise

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          Photo News: NPCC honours executives, others in lapel pin badge decoration ceremony

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          NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

          NNS Beecroft hands over three suspected stowaways to Immigration Service in Lagos

          Jonathan, Bode George,  Bruce, Alaibe, others to attend Deep Sea Investment Forum

          Jonathan, Bode George, Bruce, Alaibe, others to attend Deep Sea Investment Forum

          TTPs should consider renewable energy for long term projects – Dantsoho, MD NPA

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          NCS engages AfCFTA Secretariat on Simplified Trade Regime

          NCS engages AfCFTA Secretariat on Simplified Trade Regime

          Oyetola unveils historic £746m UK deal for Nigeria’s biggest Port upgrade in 50 years

          Oyetola unveils historic £746m UK deal for Nigeria’s biggest Port upgrade in 50 years

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          Apapa Customs seizes N3.398bn Codeine syrup concealed in cargo containers

          NPA meets with APM Terminals, shipping lines over container movement to seaport

          NPA port modernisation, NSW as catalysts for economic growth

          Nigeria Customs seizes 13 containers of expired pharmaceuticals, other contraband items worth N6bn at Apapa Port

          Nigeria Customs seizes 13 containers of expired pharmaceuticals, other contraband items worth N6bn at Apapa Port

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           NDLEA, UNIBEN partner on alcohol and drug screening

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          NIMASA accredits 27 registered shipyards for operation in Nigeria

          NIMASA C4i grants access to shipping surveillance unit

          NIMASA’s crusade to end War Risk Insurance premiums to save Nigeria over $400bn annually

          CGC Adeniyi reactivates over decade-old CMAA with US Customs & Border Protection

          CGC Adeniyi reactivates over decade-old CMAA with US Customs & Border Protection

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          Essien thanks Jamoh as he bows out of NIMASA

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          Nigerian Chambers of Shipping guarantees maximum participation in Nigeria’s domestic, international trade – Sambo

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          APM Terminals Apapa, FREEE sign MoU to recycle used tyres

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          Iheanacho urges indigenous shipowners to maximize opportunities in oil, gas industry

          onepageafrica by onepageafrica
          July 1, 2023
          in At The Marina Today, Business, Economy, News, Society
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          CORAN seeks more investment in modular refineries establishment in Nigeria 

          Captain Emmanuel Iheanacho, Chairman/CEO EKo Refineries and Integrated Oil and Gas Nig. Ltd.

          Share this

          The Chairman Integrated Oil and Gas Company, Captain Emmanuel Iheanacho, has disclosed that it would be most beneficial for Nigerian shipowners operating in the sub-sector to concentrate on the tanker trade than operating liner services.

          Iheanacho disclosed this while speaking with newsmen on the need for encouraging modular refinery establishment towards improving the oil and gas sector services to meet in-country fuel demands for ease of transportation and other business operations.

          Speaking on shipping services and the better options according to his experience, Iheanacho said: “From my experience, one area we should have just mastered easily, arising from the activities involved is the tanker trade, because the tanker trade is so easy, you carry only one cargo, one Bill of Lading.

          “All you have to do, is to be able to take the ship to a port, stop the ship there, load the sip and sail the ship out of the port and then to another port.

          “So, it is not as difficult for instance, as if you were operating a liner service, which requires you to carry thousands of containers and in each of those containers you have thousands and thousands of small goods and you have the administrative requirement to be able to sort all of those things out and make sure that you go to the port at the right time, and you deliver to the person who owns the cargo, at the right time.

          “There is really a lot that we could have done to harvest and to develop our shipping potentials, which can still be done.”

          Speaking on human capacity development for Nigeria’s maritime industry, Iheanacho lauded efforts of the Maritime Academy of Nigeria, Oron, Akwa Ibom, for providing high-quality training for cadets.

          He, however, advised that it was needful for the Academy’s output to be linked with national capacity, in whose case the need for owning vessels becomes very important.

          He said: “Nigeria has done quite well actually in building human capacity. The Maritime Academy of Nigeria, Oron, is there. The Academy provides a good training group for people who wish to pursue a career in the shipping industry.

          “ I think that what really should have been done would have been for the Academy’s output to be hooked on to a national capacity where we bought tankers, similar to what we did with the general cargoes vessels in the Nigerian National Shipping Line (NNSL) so many years ago.

          “We in the industry have actually put up campaign to ensure that we participated in the carriage of Nigeria’s trade goods; not only were we supposing that it would give us the opportunity to make money, it would create the opportunity for us to acquire engineering and technical skills, it would create a very good opportunity for us to hook on to what is done elsewhere. So how do you process these linkages?

          “If a Nigerian registered tanker and Nigerian crude tanker picked up cargo from here and to America, what are the standards that are required? So, there are so many things that we are losing , because we were just satisfied with just selling the oil , allowing that others would do the job while we would have actually done that job and made significant profit from participating in that business.”

          In response to a proposed merger of the Nigeria Customs Service, the Nigerian Maritime Administration and Safety Agency (NIMASA), and the the Federal Inland Revenue Service (FIRS), Iheanacho said that could best be understood as a “slip of the tongue.”

          “To be honest, I think it was a slip of the tongue. I can’t understand the basis upon which anyone would propose to merge NIMASA, FIRS, and Customs Service. NIMASA is an organisation that is set up to develop shipping capacity, an organisation set up to regulate safety and sea-worthiness . So, I cannot understand how you would propose to merge NIMASA with the FIRS and then with the Customs.

          “The FIRS is a revenue- generating agency, collecting money on behalf of the government, and the Customs to a certain extent it does that. If you are talking of merger, maybe between Customs and the FIRS, that would be understood, but if you throw in NIMASA, then I think you will be playing in the realms of speculation, if you do that,” he said.

           

           

           

           

          Tags: CORATanker tradeIntegrated Oil and Gas Ltd.maritimeOil and Gas LogisticsShipping
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