For many Nigerian shipowners, the Cabotage Vessel Financing Fund (CVFF) is more than a stalled policy—it…
Tag: NIMASA
NIMASA’s Zero Tolerance Policy Signals End of Paperwork Shortcuts in Maritime Sector
Just before dawn at Lagos anchorage, an offshore supply vessel prepares to sail. The engines are…
Shipping Delays, Poor Infrastructure Stall Africa’s $3tr AFCFTA Dream
Stakeholders across West and Central Africa have raised alarm over severe logistical and infrastructural gaps that…
Nigeria Loses $100bn Yearly to Weak Cabotage Enforcement – SEREC
Nigeria’s failure to effectively enforce the Coastal and Inland Shipping (Cabotage) Act, 2003, is costing the…
Maritime: Stakeholders Demand End to Nigeria’s War Risk Insurance Burden
Despite being delisted from global piracy watchlists, ships operating in Nigerian waters continue to pay heavy…
NIMASA Shuts Down Two Terminals in Ijegun Egba over Violation of ISPS Code
The Nigerian Maritime Administration and Safety Agency , NIMASA, has shut down two terminals, both located…