Headlines
Shipping costs rise as vessels boycott Red Sea route

Disruptions along the Red Sea trade route have begun pushing up shipping and insurance costs as shippers have begun taking longer routes fearing further attacks.
Meanwhile, container shipping giant Maersk Friday said it is diverting all vessels from Red Sea routes around Africa’s Cape of Good Hope for the foreseeable future, warning customers to prepare for significant disruption.
Another official said: “During the last few days, exporters are holding back consignments due to rising costs.
The trip around Africa can add about 10 days to journey times and requires more fuel and crew time, jacking up shipping costs.
“The situation is constantly evolving and remains highly volatile, and all available intelligence at hand confirms that the security risk continues to be at a significantly elevated level,” Maersk said in a statement on Friday.
The Indian Navy said earlier this week that task groups of frigates and destroyers had been deployed in the central and northern Arabian Sea to assist merchant vessels passing through the region.
Last week, the US and eleven other countries issued a joint statement reiterating a call for an end to Houthi attacks in the Red Sea.
Headlines
NIMASA opens investigation into vessels collision accident at Bonny anchorage as five crew members sustain injuries

Funso OLOJO, Editor
The accident which occurred on May 20th, 2026, has triggered a flurry of activities, has resulted in an oil spill in the affected area.
Following the collision, MT Lady Martina drifted ashore and is currently aground along the Bonny Channel, while MV Valparaiso remains grounded at the Bonny Inner Anchorage pending damage assessment and further investigation.
The management of MAERSK has officially reported the incident to the Agency.
In addition, NIMASA has established a Situation Monitoring Room to coordinate response efforts and monitor developments arising from the incident.
Dr. Mobereola, who was personally on ground in Rivers State to inaugurate the situation room, also directed the Agency’s Marine Environment Management Department to immediately commence an Environmental Impact Assessment (EIA) of the affected area, while taking necessary steps to mitigate the impact of the Tier 1 oil sheen and protect the marine environment.
NIMASA promised to update the public with the outcome of the investigation into the incident.
Headlines
NIMASA deepens maritime security as 492 Deep Blue personnel graduate in tactical training.


Headlines
WHO honors NFVCB over tobacco control in entertainment industry

Headlines3 months agoThe rise of Olatunji Disu: From Aide-De-Camp (ADC) in 1999 to IGP in 2026
Headlines3 months agoNRC plans electric rail operations across the country- Opeifa
Headlines3 months agoNIWA Lagos Area Manager, Sarat Braimah, wins Nelson Mandela Pan African Leadership Award
Economy3 months agoNigeria’s Oil exports face threat as US- Israel attack on Iran escalates, Strait of Hormuz blockade imminent
Headlines3 months agoLekki Port boosts Nigeria’s trade surge as NPA releases 2025 operational performance
Customs3 months agoApapa Customs, Navy deepen partnership for seamless cargo movement along Apapa port corridor










