—- Operators blame NIMASA, NNPC, fault Cabotage Law, others Scores of Nigerian vessels are currently lying idle and rotting away on the high sea due to a shortage of cargoes or lack of maintenance.
Continue reading »Tag: International Maritime Organisation IMO
FED GOVT APPROVES 12 INTERVENTION VESSELS, 3 HELICOPTERS FOR NIMASA
The Federal Government has approved the procurement of 12 intervention vessels and 3 helicopters for the Nigerian Maritime Administration and Safety Agency (NIMASA) to fight piracy and other illegal activities on the country’s territorial waters.
Continue reading »NPA ACQUIRES N9.27BN TUGBOATS TO ATTRACT LARGE VESSELS (PICTURES)
In a bid to attract large vessels into Nigeria and increase revenue for the federal government, the Nigerian Ports Authority (NPA) has acquired four tugboats at the cost of $30 million (N9.27).
Continue reading »NEW GLOBAL SHIPPING TREATY TO UNLOCK $30B INVESTMENT
The Ballast Water Management (BWM) Convention of the International Maritime Organisation (IMO) is poised to unlock an unprecedented estimated private sector investment of about $30b in the next few years. The BMW was adopted in order to control and manage ships ballast and sediments. This will help reduce the harmful effects on the marine environment that are spread through aquatic […]
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