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More vessels continue to boycott Red Sea as Houthi intensifies attacks

The Eyewitness Reporter with agency reports 

The Iranian-backed rebel organization, the Houthi, has continued to attack vessels on the Red Sea, forcing more shipping lines to reroute their vessels from the troubled region.
The rebels’ action was in defiance of the United States and United Kingdom airstrikes on the positions of Houthi in Yemen.

“The U.S. and U.K. airstrikes on Houthi positions in Yemen have not made the Red Sea any safer for shipping. “Red Sea issues are getting worse, not better,” said Stifel shipping analyst Ben Nolan.

The dry bulk carrier Gibraltar Eagle, owned by Connecticut-based Eagle Bulk (NYSE: EGLE), was struck by an anti-ship ballistic missile in the Gulf of Aden on Monday.

The Greek-owned dry bulk carrier Zografia was hit by a missile in the southern Red Sea on Tuesday.

Energy shipper Shell (NYSE: SHEL) halted all Red Sea transits on Tuesday, as did the big three Japanese tanker and bulker owners: MOL, NYK and K-Line.

Container-ship diversions around the Cape of Good Hope now appear likely to last for months.

Spot rate gains from diversions will almost certainly extend into the period when 2023 annual trans-Pacific contracts are negotiated, pushing up contract rates.

The Red Sea effect on tanker trades remains uncertain, although a tipping point may be very near.

 If crude and product tankers divert away from the Red Sea and Suez Canal to the same extent as container ships, tanker spot rates should rise because longer voyages would soak up tanker capacity.

“There has already been a sharp decline in container ships approaching the Gulf of Aden, which feeds into the narrow Bab-el-Mandeb Strait, and there are likely to be major declines across other shipping segments as well in the coming weeks,” predicted Omar Nokta, shipping analyst of Jefferies, in a client note on Tuesday.

Ship-position data shows container transits down precipitously, tanker transits down modestly, and dry bulk transits down very little if at all.

Container-ship arrivals in the Gulf of Aden were at their lowest level on record last week, down 90% from the 2023 average, according to Clarksons Securities.

In contrast, bulk carrier arrivals in the Gulf of Aden were in line with the historical average, and tanker arrivals were down 20% versus 2022-2023 levels, according to Nokta, who cited Clarksons data.

According to data from commodity analytics group Kpler, the moving average of tanker transits of the Suez Canal had fallen to 14 per day this week, the lowest level since May 2022 and down from an average of 22 per day a month ago.

In other words, there are detours on the tanker side, which are positive for rates, but still nothing close to what’s being seen in container shipping.

“So far, most tanker owners remain unwilling to commit to a costly rerouting around the African Cape,” said ship brokerage BRS on Monday.

“Since the events of Friday [the beginning of coalition strikes in Yemen], shipping data implies that only a handful of tankers heading from east to west have definitely changed course away from the Red Sea.

“Most other tankers in the Middle East scheduled to head west appear to be delaying their passage.

“Accordingly, there remains the potential that widespread rerouting could occur over the coming days.

” If this were to take place, it would provide a significant injection of ton-miles [demand measured in volume multiplied by distance] into the market,” said BRS, which sees the highest potential rate upside for tankers carrying refined products from east to west.
Spiking insurance costs could ultimately tip the scales for tankers toward the Cape route, said Frode Mørkedal, a shipping analyst at Clarksons Securities.

“War risk insurance premiums for ships have skyrocketed,” Mørkedal wrote in a client note on Monday, prior to the attacks on the Gibraltar Eagle and Zografia.

“In the past few weeks, premiums have increased from 0.1% normally to 0.5% of a ship’s hull value.

“With the escalation of tensions in the Red Sea, we would not be surprised if insurance premiums increase to 1% of the ship’s value.”

Mørkedal cited the example of a 10-year-old LR2 (Long Range 2) product tanker valued at $60 million.

The premium is now $300,000, quintuple the usual $60,000. If premiums rose to 1% of hull value, the cost would jump to $600,000.
 And on top of insurance, the Suez Canal transit fee for an LR2 is around $500,000.

In comparison, the extra fuel cost of taking an LR2 around the Cape at 12 knots would be $250,000.

 “Shipowners and charterers may find that rerouting around Africa is more cost-effective than incurring the combined costs of Suez Canal transit fees and insurance premiums,” said Mørkedal.

Richard Meade, editor in chief of Lloyd’s List, a publication that covers both shipping and insurance, wrote late Tuesday that Red Sea premiums have now risen to 1% of hull value, that a “tipping point has been reached,” and that further diversions of tankers and bulkers should be announced within the next 24 hours.

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Customs

Miko, new PTML helmsman, assumes duties as Comptroller Anani hands over with N181b revenue. 

Funso OLOJO, Editor 
The newly deployed Acting Controller of Nigeria Customs Service, Ports Terminal Multiservices Command( PTML) DC Nura Ibrahim Miko ,has formally assumed duties with a promise to operate with integrity, follow due process while ensuring seamless trade facilitation
He took over from Controller Joseph Anani, who has been redeployed to the Tin Can Command of the Service, as he declared that he collected over ₦181billion  revenue as at the time of handing over.
Assuring officers and men of PTML Command and stakeholders,  Acting Controller Miko said “I want you to know this: I am here to work with you, not merely to lead you.
“Under my watch, Integrity will be non-negotiable,trade facilitation will remain our priority.
“Due process will be strictly respected.Teamwork will be our greatest strength.
“Results will be achieved through collaboration, not fear.Together, we will take this command to greater heights”
Miko who stated this after taking over from Comptroller Anani, described the area as a well organised Command while promising to build on the achievements of his immediate predecessor.
He also sought continued cooperation and collaboration of all sister agencies and stakeholders operating within the Command while stating further that effective port operations depend on inter-agency synergy, mutual respect, and a shared commitment to trade facilitation, revenue generation, and national security.
According to him, the Command will remains open to constructive engagement while confirming his commitment to transparency, accessibility and a level playing field for all.
He added that together, the Command’s Stakeholders will sustain PTML’s position as a model command for efficiency and integrity.
While thanking the CGC Bashir Adewale Adeniyi for the confidence and trust reposed in him,the Acting Controller said the nation’s number one customs officer’s policy thrust of Innovation, Consolidation, and Collaboration will be upheld as they jointly write the next chapter of the PTML Area Command.
Comptroller Anani who has since assumed duties at the Tin Can Island Command, described his eight months service period at PTML as an extraordinary privilege to serve as the Area Controller
He recalled the success of his predecessor who pioneered the roll out of the Unified Customs Management System (UCMS) also known as B’Odogwu and started the process of addressing it’s initial challenges and how he (Anani) consolidated it to success
“When I first walked into this role, I carried a clear mandate: to steer this command through it’s modernisation transition stage to a more stable state.
“After my predecessor saw to the successful roll out of B’Odogwu and was addressing the teething challenges associated with such an innovative system, I came and with the support of my fellow officers, sister agencies and stakeholders, we took it to the next level.
” This could not have been possible without the support of all of you” Comptroller Anani said
Anani added that “On the enforcement side of our operations, we succeeded in seizing and handing over illicit drugs, arms and ammunition to the relevant government agencies like the National Drug Law Enforcement Agency (NDLEA), National Agency for Food Drug Administration and Control (NAFDAC) and the National Centre for the Control of Small Arms and Light Weapons (NCCSALW)domiciled in the Office of the National Security Adviser (ONSA)
“On my watch,we launched  groundbreaking initiatives by achieving one hour clearance of compliant vehicle imports, and most importantly, built a culture where every one feels valued and encouraged to do more in terms of compliance.
“None of these would have been possible without the dedication, creativity, and resilience of each and every one of you” Comptroller Anani declared.
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Customs

Seme Customs cracks down on smugglers 

— intercepts prohibited items worth 
N501.8m
-rakes in ₦9.8b revenue in three months 
Funso OLOJO, Editor 
The Seme Command of the Nigeria Customs service has renewed its onslaught on smugglers and other traders in illicit trade as its officers have intercepted various smuggled goods and other illicit products.
The Area Controller of the command, Comptroller Abdullahi Kaila, while giving the performance report of the command on Monday, May 25th, 2026, disclosed that the seized goods consist of narcotics, pharmaceutical products, edible items and petroleum products worth N501,845,772.
Giving the breakdown of the seizures made within three months of his assumption of office at the command, Comptroller Kaila said they included 1000 parcels of Cannabis Sativa, substantial quantities of unregistered pharmaceutical products, including codeine-based cough syrups and various sexual enhancement drugs lacking certification from the National Agency for Food and Drug Administration and Control (NAFDAC).
The products seized include one carton containing 55 bottles of Ultimate Plus Maca Syrup (100ml each), 88 packs of 99 Bullets Herbal Medicine (30ml each), 10 cartons of Ultimate Plus Maca Sildenafil Citrate 200mg, 14 cartons of Super Sexy Sildenafil Citrate 200mg, 14 cartons of Machine Man Sildenafil Citrate 200mg, quantities of Bottom Up Sildenafil Citrate 200mg, 100 packs of Tramaking, and 100 packs of Tempendol.
Others seized items include 2,000 bags of foreign parboiled rice, 340 kegs of 25 litres each of foreign vegetable oil, 103 kegs of 30 litres each of Premium Motor Spirit (PMS), 993 cartons of foreign spaghetti, and 250 bales of used clothing and the Duty Paid Value of all the aforementioned intercepted items is 501,845,772 Naira.
The seized narcotics and banned Pharmaceutical items have been handed over to the relevant authorities for further actions.
In a similar vein, the Command within the period under review grossed revenue in excess of N9.796billion which represents an increase of N7.610 billion collected with the corresponding period in 2025.
Comptroller Kaila attributed the achievement to strengthened compliance mechanisms, improved stakeholder cooperation, intensified anti-revenue leakage measures, enhanced operational efficiency, and the strategic deployment of the B’Odogwu Unified Customs Management System.
He also praised the renewed dedication and vigilance demonstrated by officers and men of the Command which resulted to the commendation feat.
” We remain committed to sustaining these gains through institutional reforms, intelligence-driven monitoring, and transparent trade procedures capable of guaranteeing continuous revenue growth without obstructing legitimate trade activities.
“As one of Nigeria’s most strategic and busiest land border formations, the Seme Area Command occupies a critical position in regional and continental trade integration frameworks, particularly under the ECOWAS Trade Liberalisation Scheme (ETLS) and the African Continental Free Trade Area (AfCFTA), the Area controller disclosed.
He however warned illicit traders to steer clear of the command which he said was not the hiding place for economic sabotage.
“Let me use this opportunity to issue a strong warning to smugglers and their collaborators that the Seme Area Command will not serve as a safe haven for illicit trade.
“The Command has significantly strengthened its intelligence network, enhanced surveillance capacity across land and maritime routes, and intensified collaboration with relevant security and regulatory agencies to combat trans-border crimes and economic sabotage.
“To compliant traders and legitimate business operators, I wish to reiterate that compliance remains the safest, fastest, and most cost-effective pathway for conducting international trade”
” At Seme Area Command, we remain resolute in our commitment to facilitating lawful trade while ensuring strict enforcement against illicit activities capable of undermining national economic interests” Comptroller Kaila declared.
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Headlines

Beyond The Communique: Can West Africa’s $27 billion port rhetoric Outrun gridlock?

The Monday Discourse with Nasiru 
The dust has settled on the Port Management Association of West and Central Africa (PMAWCA) conference hosted by the Nigerian Ports Authority (NPA) in Lagos last week.
 For three days, 18th to 20th May 2026, Maritime Executives, Regional Ministers, and Portuguese Administrators traded optimism, signed agreements, and toasted to the future.
The headlines if not hallucinating, were intoxicating: a staggering $27 billion committed to Regional Port Infrastructure, grand declarations of transforming into sustainable “Blue Economy” engines, and lofty goals to replicate the seamless digital models of Rotterdam and Singapore.
Yet, for the average importer, shipping line agent, or haulage driver navigating the chaotic access roads of Apapa, Tin Can, or Luanda, the disconnect between boardroom rhetoric and dockyard reality remains jarring.
While the Lagos conference successfully demonstrated Nigeria’s diplomatic hosting prowess under the leadership of NPA Managing Director, Dr. Abubakar Dantsoho, it also exposed a deeper regional vulnerability.
West and Central African ports are masterful at planning, but historically abysmal at executing.
If this $27 billion infrastructure boom is to be anything more than a monumental paper tiger, regional leadership must pivot immediately from policy curation to aggressive, unforgiving execution.
On paper, the sub-region is undergoing a maritime renaissance. We are told of Guinea’s massive $20 billion Simandou-Morebaya project, Cote d’Ivoire’s $2 billion Port San Pedro expansion, and Nigeria’s own $1.5 billion Lekki Deep Sea Port, alongside fresh pledges to modernize aging brownfield terminals.
But a Port is not merely a collection of deep berths, breakwaters, and expensive gantry cranes. It is an intricate, living logistical ecosystem.
Building a multi-billion-dollar Deep-Sea Port while leaving the surrounding multimodal transport network broken is an exercise in futility.
Lekki Deep Sea Port, despite its state-of-the-art infrastructure, still struggles with optimal evacuation routes.
True regional competitiveness will not be won by the nation that signs the largest infrastructure contract; it will be won by the nation that successfully connects its berths to functioning rail lines, Inland Dry Ports (IDPs), and uncongested highways.
Until cargo can move from a vessel to an inland destination seamlessly, these multi-billion-dollar investments are simply monumentally expensive parking lots for containers.
The conference highly praised the “Rotterdam-Singapore data-exchange model” as the blueprint for eliminating West Africa’s notoriously high cargo dwell times.
 In Nigeria, officials proudly showcased the roll-out of the National Single Window initiative and the Port Community System.
But let us be objective: West African ports do not suffer from a lack of digital concepts; they suffer from a lack of institutional compliance.
For years, “Single Windows” have been launched, rebranded, and relaunched, yet manual interventions persist.
Why? Because automation directly threatens the lucrative, entrenched economies of corruption, extortive  human contact, and bureaucratic bottlenecks.
 Replicating Singapore requires more than buying expensive software; it requires the political will to strip corrupt agencies of their physical inspection monopolies.
If Customs administrations and border agencies can still demand the physical, manual opening of containers despite digital clearances, then the “Paperless Port” remains an expensive mirage.
A commendable takeaway from the Lagos summit was the celebration of Nigeria’s Deep Blue Project, which has successfully suppressed piracy in the Gulf of Guinea for three consecutive years.
This is a massive victory for regional security. However, security is only a facilitator of trade, not trade itself.
While the waters may be safer from pirates, the land corridors remain plagued by a different kind of piracy: systemic extortion at border checkpoints, overlapping regulatory charges, and severe cargo diversion.
It is an open secret that landlocked neighbors like Niger, Chad, and Mali often bypass geographically closer Nigerian ports in favor of Beninese, Togolese, or Ghanaian corridors.
 Why? Because the total cost of cargo clearance, measured in both time and bribes, makes Nigerian routes economically punitive.
Decentralizing operations to Nigeria’s Eastern Ports, as proposed by the Ministry of Marine and Blue Economy, will fail to yield results if the same predatory regulatory culture is simply exported from Lagos to Port Harcourt, Warri, Onne, and Calabar.
If the Port Management Association of West and Central Africa wants to avoid meeting next year to lament the same old problems, the AGENDA must change today.
First, the NPA and its regional peers must tie Port Key Performance indicators (KPIs) strictly to cargo dwell times, not revenue generation.
A Port’s primary job is efficiency, not tax collection. Second, the implementation of the National Single Window must be backed by executive enforcement that legally penalizes any agency insisting on manual intervention outside automated channels.
Finally, regional integration must move past the ECOWAS protocol paperwork. There must be a unified, digitized tracking system that allows a container cleared in Lagos to move to Niamey without facing a dozen predatory checkpoints.
The Lagos communique was a beautiful piece of literature. But literature does not offload vessels, clear containers, or lower the cost of doing business.
 West Africa’s maritime sector does not need more summits, boards, or committees. It needs an execution squad.
Until we match our boardroom eloquence with dockyard discipline, the “Ports of the Future” will remain a luxury we can only read about in conference brochures.
Chief Ibrahim Nasiru , a Public Affairs Analyst, writes from Abuja
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