Nation
NNPC Shipping, Partners Unveil New Joint Venture
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited, have signed a new Joint Venture (JV) that will transform the country’s maritime transportation.
A statement by Mr Olufemi Soneye, the Chief Corporate Communications Officer, NNPC Ltd., yesterday said the joint venture would create a new company, aimed at providing top quality, reliable and efficient maritime transport.
The agreement, signed in London last week, aims to create a new tanker operation serving Nigeria and West Africa’s crude oil, refined product and Liquefied Natural Gas (LNG) regional and global shipping requirements.
Soneye said the partners would explore options to create a modern and efficient fleet of tankers, comprising both new and existing tonnage depending on market factors and commercial opportunities in the region.
He said the partners would evaluate opportunities for both vessel acquisitions and long-term charter arrangements, with a focus on maintaining competitive operating costs, while meeting the highest standards of safety and sustainability.
“This fleet will primarily serve the logistics needs of NNPC (crude, clean and LNG/LPG).
“Additionally, the new company will cater to other oil producers and traders, offering strategic advantage of a modern fleet, strong financial backing, and maritime pedigree and heritage,” he said.
According to him, the Managing Director NNPC Shipping, Mr Panos Gliatis, while speaking during the signing described the JV as a significant milestone in NNPC’s commitment to modernising Nigeria’s maritime infrastructure.
“By combining our expertise with Stena Bulk and Caverton Marine, we are creating a robust platform to enhance our domestic refining, import and export capabilities and strengthen Nigeria’s position in global energy logistics,” he said.
The President and Chief Executive Officer of Stena Bulk, Mr Erik Hånell, in his remarks said the collaboration aligned with the pragmatic strategy of expanding presence in key growth markets, while maintaining high standards of operational excellence and sustainability.
According to him, Nigeria’s energy sector is undergoing remarkable transformation, and it is proud to be part of the journey.
Also speaking, the Head of Stena Bulk U.S.A, Mr Johan Jawert, said it looked forward to developing shipping activities locally with Caverton and benefiting from NNPC’s strong position in the oil market.
Jawert said combined with its know-how across all aspects of commercial and technical shipping, it would create a world-leading shipping company providing first-class service to the energy market.
The Chief Executive Officer of Caverton Offshore Support Group, Mr Bode Makanjuola, said the joint venture, which was the result of many years of planning, marked a significant stride in enhancing Nigeria’s maritime capabilities.
“By combining local knowledge with international best practices, we are establishing a world-class operation that will benefit not only Nigeria but the entire sub-Saharan Africa region,” he said.
The country’s strategic location, growing population, and ambitious infrastructure developments are creating new opportunities for shipping companies.
By establishing this world-class tanker operation, the partners are not only meeting immediate logistical needs but also contributing to Nigeria’s long-term economic diversification and growth.
As the shipping arm of NNPC Ltd., NNPC Shipping spearheads the integral shipping logistics operations crucial for the country’s oil and gas distribution.
Stena Bulk, with offices in seven countries and a combined fleet of around 70 vessels, is one of the world’s leading tanker shipping companies.
Caverton Marine Ltd. is a leading integrated offshore support company providing marine and aviation logistics to oil and gas companies across Nigeria and sub-Saharan Africa.
Nation
Maternal Mortality: RSG Identifies 6 High Risk Local Government Areas
The Rivers state Government has identified six local government areas with the highest burden of maternal and Neonatal mortality in the state.
State Commissioner for Health Dr Adaeze Chidinma Oreh said this in an interview with newsmen at the Maternal and Neonatal Reduction innovation initiative ( Mamii)Rivers state activation workshop and state engagement meeting in Port Harcourt.
The event was organized by The Federal Ministry of Health in conjunction with its Rivers state counterpart in Port Harcourt.
Dr Oreh also restated the preparedness of the state government to support current efforts by the federal government towards the reduction of maternal and infant mortalities in the country.
She mentioned the affected Local Government Areas to include, Andoni,Akuku Toru and Ahoada West
The rest according to the Commissioner are, Bonny, Etche and Emohua Local Government Areas.
She said the workshop will enable the team from the federal ministry of health and social welfare to brainstorm with the view to finding solution to the problem.
The Commissioner also gave reasons why the Mamii initiative was the best as far as finding solution to maternal mortality was concerned.
“The uniqueness of the Mamii initiative driven by the federal ministry of health and social welfare was that we used evidence to elicit the reasons for this deaths, so that the solutions will be context specific and tailored to the particular environment where those deaths are occuring
“For us in Rivers state we have six Mamii LGAs , nationally we we have 172 local government areas “the Commissioner said.
Earlier in her opening remarks,Dr Oreh said the state government is prepared to work with the federal ministry of health and social welfare to check the rate of maternal mortality in the state.
She commended The Minister of Health and Social welfare Professor Ali Muhammad Pategi for driving the Mamii initiative across the country and expressed optimism that the programm will see to the end of maternal mortality in the country.
Also speaking the National Coordinator Nigeria health sector Renewal Initiative Dr Adam Ahmed said Rivers state is the last state among Mamii states in the country to host the team.
He said the team will visit the affected Local Government Areas with the view to interacting with the people on how to check the trend.
He expressed the hope that with continuous efforts, maternal mortality will be checked.
Also speaking the permanent secretary Rivers state Ministry of Health Professor Justinah Jumbo said the government is not leaving any stone unturned towards reduction in maternal deaths.
The permanent secretary said Governor Siminalaye Fubara is a health friendly Governor who is desirous in improving the quality of health of Rivers people.
John Bibor
Nation
HoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
Nation
Rivers Crisis; CAN Seeks Divine Intervention …Declares One Day Fasting, prayers
The Christian Association of Nigeria (CAN) Rivers state has declared a one day fasting and prayer to seek divine intervention on the political crisis rocking the state.
The Association said this at a media briefing in Port Harcourt.
State chairman of the Association,Most Rev. Dokiboeriya B. Kaladokubo said the fasting and prayer which holds February 5th at the Ecumenical center Abonnema wharf was in furtherance of the Association peace, advocacy, good governance and political stability in Rivers state.
He said the Association has observed with disappointment the dangerous trend and and gradual descent of governance in Rivers state into uncertainty and near oblivion, adding that the trend has exposed Rivers citizens to insecurity, economic hardship, loss of livelihood and the destruction of lives and property.
Kaladokubo said the association has also watched with dismay the unfolding political crisis in the state, stressing “what we see today is not merely a disagreement among political actors,it is a dangerous drift that threatens the very foundation of governance, peace, security and the collective well-being of our people”
According to him,”as the custodians of the spiritual and moral conscience of Rivers state,we can not remain silent while the state is pushed steadily towards chaos, institutional breakdown and avoidable suffering
“We are not oblivious of the fact that Rivers state like some other states in the federation often experience tension between the Executive and the Legislature “adding”when disagreement escalate they can hinder governance, delay budgets ,erode public trust and impede peaceful, constructive development”
The Christian body stressed the need for parties involved in the conflict to seek for peaceful resolution, stressing that as Christians and children of God “we should seek the path of peace and reconciliation as Christ Himself taught us”it said
The Association further encourage the both arms of government to imbibe the spirit of forgiveness and prioritize good governance in Rivers state
“We also advised all the parties in these conflict to call their supporters to exercise restraint in all their utterances and de-escalate tension in the interest of peace in Rivers state ”
CAN also described as disturbing the role some elder statesmen and individuals in the state have played and continue to play in the crisis when they should have serve as voices of wisdom, restraint and unity
“Rather than guiding the process towards peace, some have taken sides,fueled division and encouraged instability becoming more dangerous than those currently holding power”,it said.
John Bibor
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