Business Hilights

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Cabotage law

FG’s maritime policies in 2017 caused massive loss of jobs, drawbacks—Amiwero

Leading maritime industry analyst and National President of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Mr. Lucky Amiwero has opened on the performance of the sector since last year to date, saying “The sector was adversely…

Problem with Cabotage not the law, but NIMASA’s unseriousness, inaction—Akabogu

Barely three days after the Nigerian Maritime Administration and Safety Agency (NIMASA), unveiled a new compliance strategy for implementation of the 14-year old moribond Cabotage Law, maritime lawyer and Principal Partner of Akabogu & Associates, Mr. Emeka Akabogu has picked…

As Egina FPSO sails to Nigeria in August, hope rises on oil earnings

Just as the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) vessel currently under construction in Geoje, South Korea, will begin its homeward sail to Nigeria in August, industry experts have started looking at what it add to the…

Magbojuri chides Peterside’s NIMASA over lip-service drive on Cabotage regime

Managing Director of Oceangate Engineering and Geophysics Limited, Taiwo Magbojuri has disclosed that the nation’s participation in cabotage regime regarding vessels, cargo, ship liners has continued to be abysmal irrespective of the reform claims of Nigerian Maritime Safety and Administration…