New company to boost Nigeria’s shipping needs

Tuesday, 25 February 2025

Nigerian National Petroleum Corp (NNPC) Shipping, Stena Bulk, and Caverton Marine have signed a joint venture agreement that aims to transform Nigeria’s maritime transport.

This agreement, signed in London last week, will create a new tanker operation serving Nigeria and West Africa's regional and international crude oil, refined products and will include its LNG shipping requirements.


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