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SOAN to engage NIMASA over $100m CVFF disbursement

THE Shipowners’ Association of Nigeria (SOAN) on Tuesday elected a new President, Dr Mcgeorge Onyung who promised to ensure the disbursement of the over $100m Cabotage Vessels Finance Fund (CVFF). Recall that the CVFF is a two per cent contribution by indigenous ship-owners for every contract ship-owners execute and is meant for the development of […]
The post SOAN to engage NIMASA over $100m CVFF disbursement appeared first on Tribune Online. …

Cabotage Act: NIMASA’s bold new steps to protect indigenous operators

When recently the Nigerian Maritime Administration and Safety Agency (NIMASA) set its face against violators of the coastal and inland shipping law, after a series of engagements with stakeholders, MT Navigator Capricorn, a Liberian-registered Liquefied Petroleum Gas (LPG) vessel, was in plain sight. Caught in the Agency’s crosshairs, MT Navigator Capricorn, which is on lease to the Nigerian Liquefied Natural Gas (NLNG) Limited, and supplies cooking gas to Nigeria’s domestic market, was detained. It was later released. But the decisive statement on the enforcement of the revised guidelines on the implementation of the Cabotage Act was not lost on stakeholders.
Continue reading Cabotage Act: NIMASA’s bold new steps to protect indigenous operators at Vanguard News Nigeria. …

NIMASA, stakeholders seek end to cabotage waivers

IN a bid to actualise full implementation of the Cabotage Act, Nigerian Maritime Administration and Safety Agency (NIMASA) and key players in the maritime industry have set a plan to end Cabotage waivers for non-indigenous ship owners within the next five years.
Continue reading NIMASA, stakeholders seek end to cabotage waivers at Vanguard News Nigeria. …

NIMASA tasks judiciary on timeliness in maritime suits

NIMASA tasks judiciary on timeliness in maritime suits

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dakuku Peterside, has urged the Nigerian judicial system to ensure efficiency and timeliness in the dispensation of justice in maritime-related cases, as it will boost stakeholders and investors’ confidence in the system.
Continue reading NIMASA tasks judiciary on timeliness in maritime suits at Vanguard News Nigeria. …

How NIMASA ex-DG Akpobolokemi laundered N138 million, by witness

A prosecution witness, Fredrick Ugo, has told a Federal High Court sitting in Ikoyi, Lagos and presided over by Justice A. O. Faji, how one-time Director General of the Nigerian…
The post How NIMASA ex-DG Akpobolokemi laundered N138 million, by witness appeared first on The Guardian Nigeria News – Nigeria and World News. …

NIMASA cancels Cabotage waivers, commences clamp down of defaulters

AFTER several warnings, the Nigerian Maritime Administration and Safety Agency NIMASA has commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to aid the implementation of the Cabotage Act of 2003 in Nigeria.
Continue reading NIMASA cancels Cabotage waivers, commences clamp down of defaulters at Vanguard News Nigeria. …

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