Tag: Cabotage

Ghana Understudies Nigerian Cabotage Regime
May 4, 2023 No Responses

Ghana Understudies Nigerian Cabotage Regime

The Ghanaian Maritime Authority (GMA) has commenced a 10- Day programme to understudy the implementation of the Coastal and Inland Shipping Act also known as the Cabotage Law in Nigeria under a collaborative arrangement with the Nigerian Maritime Administration and...
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Reps Suspend $700m Cabotage Fund Disbursement
May 3, 2023 No Responses

Reps Suspend $700m Cabotage Fund Disbursement

The House of Representatives has advised the federal government to suspend the planned disbursement of the $700 million in the Cabotage Vessel Finance Fund to Nigerian shippers. The House, in a motion moved by Henry Nwawuba (APGA, Imo) on Tuesday...
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NIMASA Task Banks On $350m Cabotage Fund Guidelines 
January 25, 2023 No Responses

NIMASA Task Banks On $350m Cabotage Fund Guidelines 

The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the disbursement of $350 million Cabotage Vessels Finance Fund (CVFF).  The PLIs approved ...
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NIMASA, Stakeholders Move To End Cabotage Waivers
March 22, 2019 No Responses

NIMASA, Stakeholders Move To End Cabotage Waivers

As part of efforts to actualise the full implementation of the Cabotage Act, 2003, which aims to promote indigenous participation in shipping in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) and key industry players have mapped out a...
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