Saturday, December 20, 2025
27.8 C
Lagos

NSML Signs Vessel Management Agreement with Temile Ltd for New LPG Vessel

NLNG Shipping and Marine Services Limited (NSML) Temile Development Company Limited on Tuesday, signed a Vessel Management Agreement (VMA) to provide comprehensive vessel technical management services for the new 23,000 cubic metre LPG vessel, LPG Alfred Temile 10, owned by Temile Development Company Limited.

At a ceremony in Abuja, NSML’s Managing Director and Chief Executive Officer, Mr. Abdulkadir Ahmed, and Temile’s Chief Executive Officer, Mr. Alfred Temile, signed the VMA. Present at the signing ceremony were Adegboyega Oyetola, Minister of Marine and Blue Economy, represented by Mrs Ekanem Ogegere Celia, Deputy Director, Cabotage and Shipping; Engr. Felix Omatsola Ogbe, the Executive Secretary, Nigerian Content Development & Monitoring Board; Mr. Andy Odeh, General Manager, External Relations and Sustainable Development; Dr. Salihu Jamari, Chief Investment Officer, NNPC Gas & Power Investment Services, among others.

Speaking at the milestone event, NSML’s MD, Mr. Ahmed, emphasised that NSML will leverage its expertise and resources to ensure the safe, reliable, and efficient operation of the Alfred Temile 10. He stated that the relationship with Temile Development Company started with the delivery of the first LPG vessel – LPG Alfred Temile – to NLNG in 2020.

“The relationship grew and continued with the construction, supervision and delivery of the 2nd LPG Vessel – Alfred Temile 10 – to Nigeria in March 2024. This momentous occasion represents our shared commitment to excellence, safety, and innovation in the maritime industry. It also represents the tenacious can-do-spirit of Mr Alfred Temile who has grown his LPG vessel fleet within a span of four (4) years. The Alfed Temile 10 is a testament to our dedication to operating a modern, efficient, and environmentally responsible fleet. With its cutting-edge design and technology, this vessel will set a new standard for LPG transportation in Nigeria and the West Africa,” he said.

Also speaking at the event, Mr. Temile, stressed that the new vessel will play a critical role in gas transportation in Nigeria, enhancing the company’s capacity to deliver high-quality services while adhering to the highest standards of safety and environmental stewardship.

“We are confident that this partnership will set a new benchmark in the industry, and we are excited about the opportunities that lie ahead. As we embark on this new chapter, we also anticipate further strategic investment decisions including a third gas carrier later this year, demonstrating our commitment to deliver sustainable growth and value to our shareholders and Nigeria,” he added.

The keynote speaker, Engr. Felix Ogbe, commended NSML and Temile Development Company for partnering together. He stressed that there was ample human capacity, resources and tenacity in-country to achieve great feats, calling for increased colloboration and cooperation in the maritime industry.

spot_img
spot_img
spot_img

Hot this week

Nigeria: Digital Economy Revenue to Top $18.30bn by 2026

L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds...

CBN Liquidates Aso Savings and Loans, Union Homes Savings and Loans 

As part of its efforts to re-position the mortgage...

NCC: Regulatory Intervention Attracts $1bn Investment from Telecom Operators  

Mrs. Tolulase Omodele-Rufai Deputy Director Nigerian Communications Commission (NCC) Lagos Zonal Office The...

NDIC, NIBSS Plan MoU to Fast-track Reimbursement of Depositors

The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria...

Topics

Taxation of Housing in Africa

The Centre for Affordable Housing Finance (AUHF) in Africa...

NDIC Management Pays Courtesy Visit to FCT High Court Chief Judge

The MD/CE, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan...

INEC: One Party Fails to Nominate a Single Polling Agent for Anambra Election

REMARKS BY THE HONOURABLE CHAIRMAN, INDEPENDENT NATIONAL ELECTORAL COMMISSION...

West Africa Needs Advanced Mobile Infrastructure, says IBM Nigeria Boss

Increased investments in relevant new technologies like mobile, cloud and big data analytics that offer advanced solutions and services are essential for West Africa’s socio-economic development. In practically all sectors of the regional economy, these advanced technologies allow economies and companies to ensure the integrity of their data assets, providing them with hitherto unseen levels of data mining capabilities which, allows them to derive fresh insights and business intelligence from these data. These salient points were made recently by Taiwo Otiti, Country General Manager for IBM West Africa, on the sidelines of the HR Leaders Africa Summit held recently in Lagos.

Sub-saharan Africa, Most Expensive Region for Remittance

Sub-saharan Africa is the most expensive region for sending money inform of remittance from other parts of the world, according to the latest report by the World Bank Group. The report listed South Asia as the least expensive. The World Bank said over $62.5 billion has so far been saved for migrants who send money home to their families in an initiative began in 2005 by the Bank and the international community to reduce the cost of sending money home. Each quarter the World Bank publishes data on how much it costs to send money home.

Ecobank Wins Best Digital Strategy Award

Ecobank won the Best Digital Strategy Award at the...

Xend Finance Opens Transactions in Ghana Cedis, Kenyan Shilling on Mobile App

The first international Global Crypto bank, Xend Finance, just...

Standard Chartered Bank Result Slumps 85% in 2015

In Botswana, the net result of Standard Chartered Bank’s...
spot_img

Related Articles

Popular Categories

spot_imgspot_img