Giant repair yard set for Nigeria

Giant repair yard set for Nigeria

Lagos: A giant shipyard complex is set to be built in Nigeria. Nigeria Liquefied Natural Gas Company (NLNG) will spend $1.5bn building the repair site. It is expected to tap Korean expertise to help built it. Both Hyundai Heavy Industries and Samsung Heavy Industries have committed $30m each to the project, Reuters reports.

Nigeria has two ship repair yards, but they can only handle smaller ships. Larger vessels needing repairs on the African continent normally have to head to South Africa.

The new yard, which will take four years to construct, will be located in Badagry, near Nigeria’s commercial capital of Lagos.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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