NIMASA Pledges Disbursement of CVFF This Year
… as legislators assures of support The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged to disburse the long awaited Cabotage Vessel Financing Fund (CVFF) this year. This is…
NIMASA Reports Attempted Sea Robbery in Nigerian waters
Officials of the Nigerian Maritime Administration and Safety Agency (NIMASA) at the C4i center have reported an attempted sea robbery in Nigerian waters. According to a statement from NIMASA signed…
OMT Lauds Dantsoho’s Support as it Berths Largest Vessel in History
The Onne Multipurpose Terminal (OMT) has lauded the Managing Director of Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, for improving port efficiency. Chief Operating Officer (COO) of OMT, Jim Stewart,…
NIMASA Seeks Investors, Entrepreneurs Collaboration Towards a Competitive Maritime Sector
The Nigerian Maritime Administration and Safety Agency (NIMASA) has called on private individuals and corporate investors to seize emerging opportunities within Nigeria’s Blue Economy, as it sought economic collaborations to…
MARAN Breakfast: NPA, NSC, NAGAFF Back Nigeria-China Currency Swap
One of the core pillars of President Bola Tinubu Renewed Hope Agenda is Driving Economic Growth and Development through Strategic Partnerships and Reforms. In line with this, stakeholders at the…
MWUN PG Pledges Maximum Support to AMATO, NARTO, SILOS
The President General (PG) of the Maritime Workers Union of Nigeria (MWUN), Comrade Bunu Abi, has assured transport bodies including the national executives of MWUN of his maximum support at…
CBN Says China Accounts for 35% of Nigeria’s Imports
… as it x-rays Nigeria-China Currency Swap The Central Bank of Nigeria (CBN) has said that China accounts for about 35 per cent of total imports in the country and…
APM Terminals Standard Should be Minimum Benchmark for Other Terminals – Oyetola
… terminal pledges $500M for expansion in Nigeria The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that the APM Terminals has set a standard that should…
Flotilla Academy Offers Practical Training on Technical Marine Courses as it Debuts in Nigeria
In the midst of numerous public and private maritime academies offering courses on different fields of maritime studies, Flotilla Academy of Marine Technology (FAMT) has made a strong debut with…
NIMASA’S CRUSADE TO END WAR RISK INSURANCE PREMIUMS TO SAVE NIGERIA OVER $400 BILLION ANNUALLY
By Edward Osagie War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises two key components: war risk liability, which…