Nigeria has stepped up its efforts to secure a seat on the International Maritime Organization (IMO) Council as the Minister of Marine and Blue Economy, Adegboyega Oyetola, launched a high-level …
Maritime industry stakeholders have raised concerns over the high cost of marine security in Nigeria, revealing that shipowners still spend between $5,000 and $8,000 daily to hire private security vessels, …
Nigeria has officially launched its campaign to be re-elected into the International Maritime Organisation (IMO) Council under Category C for the 2026–2027 term. The event took place at the Delegates’ …
Nigeria has reiterated its commitment to the protection and sustainable management of ocean resources, with the Minister of Marine and Blue Economy, Adegboyega Oyetola, representing the country at the Blue …
The Nigerian Shippers’ Council (NSC) has announced that the Federal Government saved over ₦31 billion in the first half of 2024 through the automation of key port operations, including demurrage, …
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …
The African Shipowners Association has said that the disbursement of the Cabotage Vessels Finance Fund (CVFF) at a single-digit interest rate would bring massive growth opportunities for Nigeria’s maritime industry. …
APM Terminals has restated its readiness to invest $500 million to expand its operations in Nigeria, as part of efforts to boost the country’s maritime industry and improve port efficiency. …