By Sylvanus Obasi In a major milestone towards building a smarter, more transparent, and efficient maritime sector, the Federal Government has launched the Maritime Labour E-Platform, a digital solution designed to revolutionize the governance of maritime labour in Nigeria. Unveiled at the event marking the 2025 Day of the Seafarer in Port Harcourt Rivers State,…
By Sylvanus Obasi Lagos/Port Harcourt, Nigeria – June 28, 2025 – The Women’s International Shipping and Trading Association (WISTA) Nigeria proudly celebrates the historic appointments of two distinguished women leaders in the maritime industry: Madam Jemilat Mahamah as Chairman of the Board of the Ghana Maritime Authority and Ms. Iroghama Ogbeifun as a Board Member…
By Sylvanus OBASI Foremost security provider in Nigeria, Tantita Security Services Nigeria Limited (TSSNL) has been confirmed as the official sponsor of the 2025 Offshore Technology Conference (OTC) scheduled to hold in Houston Texas, United States on 5-8 May , 2025 . Executive Director, Technical and operations , Tantita security services Limited, Captain Wareddi Enisuoh …
By Sylvanus OBASI Determined to relieve external funding pressures and ensure trade facilitation between Nigeria and China, both countries engaged in a series of negotiations for a bilateral currency swap framework. Chairman Customs consultative council, Are Hakeem Olarewaju who is the Chairman of a Breakfast meeting held by Maritime reporters association of Nigeria ( MARAN),…
By Sylvanus OBASI Stakeholders at the Maritime Reporters Association of Nigeria (MARAN) Breakfast Meeting held on Tuesday April 15, 2025 have described the ‘Nigeria-China Currency Swap’ as a welcome development that would ease trade between the two nations. The ‘Nigeria-China Currency SWAP Deal’ pursues the use of the currency of both countries, Naira and Renminbi…
By Sylvanus OBASI The Central Bank of Nigeria (CBN) has described the Nigeria-China currency swap deal as a transformative policy instrument that could significantly reduce shipping costs, enhance trade efficiency, and ease foreign exchange pressure in Nigeria’s maritime industry. Speaking at a stakeholders’ breakfast meeting organized by the Maritime Reporters’ Association of Nigeria (MARAN) in…
War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises two key components: war risk liability, which covers people and goods aboard the vessel and is calculated based on the indemnity amount, and war risk hull, which covers the vessel itself and is determined by…
By Sylvanus OBASI The Nigerian Institute For Oceaonography and Marine Research (NIOMR) has been upgraded from its present status as National Centre of Excellence to a higher status known as Regional Centre of Excellence. This status upgrade was done by The West and Central African Council for Agricultural Research and Development (CORAF) after a 3…
…We Will Sustain Momentum – NIMASA DG. The United States Coast Guard has commended Nigeria, and the Nigerian Maritime Administration and Safety Agency (NIMASA), for what the Coast Guard described as considerable progress in the implementation of the International Ships and Ports Facility Security (ISPS) Code. This was made public by Joe Prince Larson…
