December Deadline sacrosanct for Single-hull Tanker Ban—NIMASA
…Secures approval for CVFF disbursement The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated that the country remains steadfast in its decision to stop the use of single-hull tankers by December 31 this year. Director-General of NIMASA, Dr. Bashir…
Nigeria begins trial of arrested sea terrorists
New force into ridding Nigeria’s waterways of criminalities and reassure the global community that it is getting on top of the security issues in its maritime domain will begin this with the commencement of the prosecution of suspected pirates under…
STARZ Marine Group visits NPA, seeks stronger partnership
The Management of the Nigerian Ports Authority (NPA), led by the Managing Director, Hadiza Bala Usman Tuesday, played host to the Executives of STARZ Marine and Engineering Ltd. The visitors led by the managing director, Greg Ogbeifun were on a…
Finally N72b Vessel Financing Fund ready for access by shippers, but…
Ahead of planned commencement of the disbursement of the Cabotage Vessel Financing Fund (CVFF), the Federal Government has set up a committee to develop guidelines for the distribution of the fund. The Minister of Transportation, Rt. Hon. Chibuike Rotimi Amaechi,…
More revenues for NIMASA as Court classifies oil rigs as cabotage paying vessels
More reactions have continued to emerge over the recent ruling by a Federal High Court that classified oil rigs as sea vessels liable to complying with the prevailing Cabotage Act of the Federal Government. In his response, the Director-General of…
Non involvement of shippers’ casts doubts on NIWA, NEXIM, Sealink deal
Leading indigenous shipping companies have received the recent Memorandum of Understanding between the Nigeria Export Import Bank (NEXIM Bank), National Inland Waterways Authority (NIWA) and Sealink Promotional Company Ltd with mixed feelings. Some of them that barred their minds, said…
Nigerian shippers’ mock NIMASA DG over assurance on disbursing CVFF
More outrages are still pouring out from major players in Nigeria’s local shipping circle following weekend’s comment by the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside. Business Hilights recalls that on Sunday, May 26, in…
Without meeting 1st prediction, NIMASA plans 2019-2020 maritime forecasts
…Forecast may be silent on disbursement of CVFF again
How NIMASA, Amaechi frustrated shippers’ access to CVFF in 2018
Contrary to the whole noise made by the Minister of Transportation, Mr. Rotimi Amaechi and the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Dakuku Peterside on growing Blue Economy and deepening participation of indigenous shippers in…
NIMASA reads riot act to IOCs, says no more Cabotage waivers
Following barrage of criticisms on the inability of the agency to disburse Cabotage Vessel Financing Fund (CVFF) amongst indigenous shippers to deepen their capacity, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said…
