The Nigerian Maritime Administration and Safety Agency (NIMASA) in continuation of its nationwide donation of relief items to victims affected by flood in some 20 states of the country has made a presentation to the people so affected in Niger State.

The Nigerian Export-Import Bank, NEXIM, is advocating alternative sources of funding for vessel acquisition the bank said it is doing so because the Cabotage Vessel Financing Fund, CVFF, alone cannot meet the asset demands of indigenous shipping firms operating in the nation’s coastal trade.

Federal institutions in the country must embark of strict monitoring of export to ensure that the economy derives full economic benefit as some exports are not documented.

MARITIME stakeholders have said that the Coastal and Shipping Act otherwise known as Cabotage law has been more retrogressive than progressive.

The Trump administration is working to slow down the implementation of a major international environmental regulation that’s set to take effect in 2020. The administration hopes the effort will ease the compliance burden on businesses by phasing in the rules gradually rather than all at once.

Hudong-Zhonghua Shipyard and Classification society DNV GL have signed an agreement for a joint development project (JDP) for a new 270,000 m3 LNG carrier – the largest ever ship of this type. The agreements were signed recently at LNG2019 in Shanghai between Hudong-Zhonghua General Manager Chen Jun and DNV GL’s Regional Manager for Greater China, Norbert Kray.

The Nigeria Customs Service, NCS, is currently considering the use of alternative transport mode for quick cargo delivery.

BAYELSA State government has entered into a partnership with the Nigerian Navy to ensure security for maritime operations in the state and region.

The Controller,  Nigeria Customs Service, Federal Operations Unit Zone ‘C’, Comptroller Olusemire Kayode, has expressed worry over alleged falling compliance in the clearance of imported cargo into the country and urged importers and their clearing agents to embrace responsible business behaviour to support economic growth.

The indication has emerged that the management of the Nigeria Customs Service, NCS, may have discontinued its yearly ritual of revenue target fixing, which has remained a source of controversy for years and regarded by some industry stakeholders and analysts as anachronistic, anti-economy, exploitative and fraudulent.

The absence of shipping policy backed up by a proper legal framework in the country is affecting the development of the industry.

AS part of the ongoing restructuring effort, which is targeted at strategically positioning the company for better service delivery, SIFAX Group has appointed three new staff to man key management positions.

Following the increasing numbers of deaths arising from boat mishap within the Lagos waterways, the General Manager Lagos zone, National Inland Waterways Authority, Muazu Sambo,  has charged the safety and compliance team and officers of NIWA not to allow anyone without a life jacket to board.

The Chairman of Apapa Chapter of the Association of Nigeria Licensed Customs Agents, ANLCA, Olumide Fakanlu, has said that the planned opening of the trailer park at the second gate of Tin-can Island port will greatly to reduce the traffic gridlock around the port town.   

The Managing Director of the Nigerian Ports Authority, NPA, Ms Hadiza Bala Usman, has said that the agency is currently experiencing reduced operational cost, just as it signed a Memorandum of Understanding, MoU, with the Federal Ministry of Works for the reconstruction of the port access road to enhance quick delivery of cargoes.