The Nigerian National Petroleum Company (NNPC) Shipping division has partnered with Stena Bulk and Caverton Marine to launch a joint venture aimed at meeting growing shipping demands for crude oil, refined products, and liquefied natural gas (LNG) in Nigeria and West Africa.
The newly established company will focus on acquiring and managing a modern tanker fleet to optimize cost efficiency while ensuring operational safety and sustainability. The partnership aligns with Nigeria’s broader strategy to strengthen its role in global energy logistics.
Source: Energy Capital and Power
