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…
Nigerian Shipowners, Minister seal collaboration deal, target ship repair centre
Nigeria’s premium maritime group, the Shipowners Association of Nigeria (SOAN) led by its President, Dr. Mkgeorge Onyung has paid a high-value visit to the Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva. Business Hilights gathered that discussions during…
Again, NIMASA fails to disburse $100m Cabotage Fund in 2019 Q1
As the economy begins its journey into the second quarter of 2019 today, it has become very clear that the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA), failed in its promise last year to flag off…
FOB Vs. CIF: Can any crude buyer allow NNPC to determine delivery vessel?
Whereas Nigerian ship owners’ have lauded moves by the Nigerian National Petroleum Corporation (NNPC) and the Nigerian Maritime Administration and Safety Agency (NIMASA) to incorporate them into the business of crude lifting, maritime logistics expert have picked holes in the…
Ogbeifun opens up on why floating of national fleet flopped
Contrary to earlier speculations that Federal Government’s plan to float national fleet with private investors failed to materialize due to poor interest from the private sector, President, Shipowners Association of Nigeria (SOAN), Greg Ogbeifun has provided a clear lead to…
