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Nigerian pirates demonstrate range with attack off Ivory Coast

A recent attack in the region illustrates a worrying and new development for the shipping industry Maritime piracy in the Gulf of Guinea is not a new phenomenon and in many ways has been over shadowed by Somali piracy in recent years. A recent attack in the region illustrates a worrying and new development for the industry.In the early hours of Saturday 6 October, a Panamax tanker was boarded by suspected Nigerian pirates, in what is the first such recorded vessel hijacking off the Ivory Coast.The vessel was anchored and midway through a ship to ship (STS) operation off Abidjan when the incident occurred. Fourteen pirates armed with knives and AK47s boarded and hijacked the vessel, with more than 30,000 tons of gasoline on board. Under the control of the hijackers, the vessel left Abidjan, passing the neighbouring waters and coastlines of Ghana, Togo and Benin before finally arriving in Nigerian waters.The vessel was subsequently released on 9 October, but only after approximately 2,500 tons of gasoil had reportedly been misappropriated from the vessel. The crew of two Greeks and 22 Filipinos are reported to be in good condition with some damage to the vessel's communication system.The spill over of ...

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LPLE and ICTSI Sign Sub-Concession Agreement

The sub-concession has been signed for the container terminal The sub-concession has been signed for the container terminal, Lekki International Container Terminal Services (LICTS), at the Tolaram Port@Lekki. ICTSI was granted the concession to develop and operate the container terminal on an exclusive basis for a 21 - year period.Tolaram Port@Lekki is promoted by Tolaram Group in partnership with the Nigerian Port Authority and the Lagos State Government. Within this port complex the newly created company, Lekki International Container Terminal Services (LICTS), is set to emerge as the new container hub for West Africa. The advantageous location will be combined with state-of-the-art facilities; 14 Post - Panamax cranes and a draft allowing vessels of 10,000 TEU to call at the terminal will enable the port to establish itself as the preferred destination in the region.With a quay of 1200m, this modern facility, which is expected to be fully operational in 2016, will have an annual capacity of 2.5 million TEU, making it the largest single terminal in Sub-Saharan Africa. ICTSI will invest in excess of USD 225 million to provide cargo handling equipment and related IT infrastructure. This investment forms part of the USD 1.4 billion being invested in the ...

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