NPA yet to make good revenue from Coastal Charges due to zero activities by local shippers
The inability of indigenous shippers to access Cabotage Vessel Financing Fund (CVFF) has lead to little or no traffic record on the nation’s coastal shipping which translates to little or poor revenue for the Nigerian Ports Authority (NPA). Currently, traffic…
Worry NIMASA to disburse CVFF for us to buy bigger vessels, SOAN tells NNPC GMD
Whereas the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru has advised members of Shipowners’ Association of Nigeria (SOAN) to acquire bigger tanker vessels in order to participate in the downstream sector of the oil and gas…
NISA boss decries non presence of Nigerian players in crude oil lifting, CVFF delay
The continued discouragement of indigenous shippers due to the official silence of Nigerian Maritime and Safety Administration (NIMASA) in the disbursement of the Cabotage Vessel financing Fund (CVFF) domiciled in the agency has been fingered as one of the key…
How NIMASA dodged addressing CVFF, most critical issue in maritime industry @ WPC
The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside Tuesday failed to give any meaningful reason causing the delay in the disbursement of the Cabotage Vessel Financing Fund (CVFF), at his World Press Conference (WPC)…
More stakeholders intensify calls for the disbursement of Cabotage fund by NIMASA
Considering the observed silence by the Nigerian Maritime Administration and Safety Agency (NIMASA) in the calls by shippers and other stakeholders to release the Cabotage Vessel Financing Fund (CVFF) to address the problems of ship owners in the industry, some…
Why SOAN wrote NIMASA to disburse Cabotage Vessel Financing Fund—Ogbeifun
President of the Shipowners Association of Nigeria (SOAN), Engr. Greg Ogbeifun has disclosed that his association has written the Nigerian Maritime Administration and Safety Agency (NIMASA) on why it can no longer hold on to the Cabotage Vessel Financing Fund…
