Samsung records major milestones, expands activities in Lagos shipyard

Mon Mar 23rd, 2020 - Lagos

Samsung Heavy Industries Nigeria (SHIN) has recorded another major milestone in its operation as its fabrication & integration yard expands services following a new lease from the Nigerian Port Authority (NPA).

SHIN had received approval from NPA backed by Presidential Committee for their license application to operate a private jetty for their Fabrication and Integration yard in Tarkwa Bay, Lagos.

According to a statement by the shipbuilding giant, the new direct lease agreement opens up opportunities for more international projects, partnerships and an expanded service offering for the world-class facilities with over 500m length of robust quay wall, where Samsung made an investment of over $300 million.




source: Guardian