Economy Maritime

5 ships carrying frozen fish, others expected at Lagos ports

25 ships discharge petrol, other items at Lagos ports
Written by Maritime First

…Vietnam’s economy to grow 6% in 2022 – IMF***

The Nigerian Ports Authority (NPA) on Thursday, said out of the 21 ships expected to arrive at Lagos ports, five were carrying frozen fish.

It said the remaining 16 ships were carrying general cargo, bulk sugar, container, butane gas, petrol, bulk gypsum, jet fuel and automobile gasoline.

Also read: NPA: Bello-Koko receives NEPC CEO in Lagos, towards promotion of export cargoes

The NPA said the ships were expected to arrive at the ports from May 12 to May 26.

The authority said 12 other ships had arrived at the ports and waiting to berth with bulk sugar, bulk salt, bulk wheat, bulk fertiliser, petrol and base oil.

It also said 19 other ships were at the ports discharging bulk wheat, general cargo, frozen fish, bulk salt, ethanol, bulk sugar, container and petrol.

In another development, Vietnam’s Gross Domestic Product (GDP) is projected to grow by six per cent in 2022, the International Monetary Fund (IMF) reported on Friday.

Inflation will rise but will still be lower than the ceiling set by the State Bank of Vietnam of four per cent, Resident Representative of the IMF for Vietnam Francois Painchaud said.

Painchaud said Vietnam had issued macro-economic and fiscal policies to support households and businesses affected by COVID-19 but the recovery had been unbalanced.

“But it was mainly driven by the processing and manufacturing sector and export since pandemic restrictions were relaxed,” he said.

Vietnam recorded year-on-year GDP increases of 2.58 per cent in 2021 and 5.03 per cent in the first quarter of 2022, according to the country’s General Statistics Office.



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