Nigeria To End Waivers For Foreign Vessels To Boost Local Shipping Industry » Media Talk Africa
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5 Articles
FG to end cabotage waivers, support indigenous shipping coys - THE AUTHORITY NEWS
By Euclid Myke, Abuja The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola has announced plans to bring an end to the issuance of waivers under the Coastal and Inland Shipping Act of 2003. The Coastal and Inland Shipping Act, also known as the Cabotage Act, restricts domestic coastal shipping to Nigerian-owned, Nigerian-crewed, and Nigerian-built or flagged vessels. However, waivers have often been granted to foreign vessels…
Ahead Of CVFF Disbursement, NNPC Shipping, Caverton Offshore, Stena Bulk Launch "Unity Shipping World"
The Nigerian National Petroleum Corporation (NNPC), in conjunction with Caverton Offshore Support Group and Stena Bulk, has pooled resources to launch what is called Unity Shipping World (USW). The deal, according to the partners, promises to reinvigorate Nigeria’s shipping prowess on the global stage, aligning with the government’s vision of a thriving, profitable oil sector. DAILYFOCUS NIGERIA gathered that Unity Shipping World (USW) is a bold…
Nigeria moves to end waivers for foreign vessels in Nigerian waters - Worldstage
*As NNPC Shipping, Stena Bulk, Caverton Offshore Support unveil joint venture for tanker operation WorldStage Newsonline– The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced plans to end the issuance of waivers under the Coastal and Inland Shipping Act 2003 and reverse the over-reliance on waivers for foreign vessels in Nigerian waters. Oyetola made this known in a statement by his spokesperson, Dr Bolaji Akinola, followi…
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