NIMASA has vowed to ban foreign vessels operating on Nigeria's waters without valid licenses.
The NPA is working alongside the NSC and the NIMASA in this regard.
President Buhari has approved the appointment of Rt. Hon. (Engr) Victor Ochei as the New Executive Director of Maritime Labor and Cabotage Services in NIMASA.
Dakuku Peterside has been removed by President Muhammadu Buhari from his position as the DG of NIMASA after a series of controversy.
The Minister of Transportation, Rotimi Amaechi has told banks to hold every beneficiary shipowner of the Cabotage Vessel Financing Fund accountable.
The Director-General of NIMASA, Hon. Dakuku Peterside, on Tuesday, disclosed that the total sum of N16 billion has been remitted in 2019.
The Nigerian Shipowners Association (NISA) has asked for the removal of duty paid on new vessels purchased by Nigerians.
Afreximbank has disclosed that in the last three years, its contributions to the maritime sector amount to more than $500 million facilities.
Nigerian Maritime Administration and Safety Agency (NIMASA) has projected the country's maritime sector will spend about N939.5 billion ($2.588 billion) on vessels financing in the next four...
Operators in the maritime industry may have to brace for a tougher regulatory regime as the Nigerian Maritime Administration and Safety Agency (NIMASA) plans to tighten...