Nigeria Losing Up To $70,000 Daily To Foreign Ships – Olubowale

By Joshua Yousouph Nigeria is losing between $20,000 and $70,000 daily to foreign-owned vessels operating in the country’s maritime trade, even as the country struggles to develop an indigenous fleet capable of carrying its growing cargo volumes. Captain Ladi Olubowale, a maritime industry expert and shipowner, disclosed this at the Maritime Reporters Association of Nigeria…

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$25m CVFF Can Acquire Ships If Tied To Cargo, Trade Contracts — Shipowner

By Sylva OBASI Notable shipowner and former Chapter President of the African Shipowners Association (ASA), Captain Ladi Olubowale, has said that the $25 million facility under the Cabotage Vessel Financing Fund (CVFF) could be sufficient to acquire a sizeable vessel if the financing is tied to identifiable cargo and long-term trade contracts. Olubowale stated this…

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NIMASA Reiterates Commitment To Building Globally Competitive Maritime Administration

By Sylva OBASI The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola has restated his administration’s commitment to building a maritime administration that is efficient, transparent and globally competitive in line with the dictates of contemporary realities. Dr. Mobereola stated this while receiving the leadership of the Alumni Association…

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NIMASA Sends Marine Notice On Implementation Of 2025 Merchant Shipping Regulations In Nigeria

By Sylva OBASI Nigerian apex maritime regulatory agency, the Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a Marine Notice, stipulating guidelines for the implementation of the Merchant Shipping Regulations 2025 on standards of training, certification and watch keeping for seafarers. The Marine Notice, a copy of which was obtained by PLATFORM REPORTERS, provided…

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CCS Visits NAMM, Secures NIMASA Approval To Begin Classification, Ship Survey In Nigeria 

By Sylva OBASI  The China Classification Society (CCS), has received the approval of the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the classification and survey of vessels registered in Nigeria and operating within Nigerian territorial waters. The CCS delegation, led by the Africa Managing Director, Engr. Zhang Qingyue, and the West Africa Managing…

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NIMASA Reaffirms Commitment To Green Shipping, Maritime Decarbonization

By Sylva OBASI The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has reaffirmed the Agency’s commitment to advancing maritime decarbonisation, promoting green shipping practices, and strengthening marine environmental protection in line with global efforts to build a sustainable maritime industry. Dr. Mobereola made this known during a strategic…

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NIMASA, NSIB Deepen Collaboration To Enhance Maritime Safety

By Sylva OBASI The Nigerian Maritime Administration and Safety Agency, NIMASA has reaffirmed its commitment to strengthening institutional collaboration with the Nigerian Safety Investigation Bureau (NSIB) to enhance maritime safety, security and marine casualty investigation in Nigeria. The commitment was made by the Director General of NIMASA, Dr. Dayo Mobereola, when he received the Director…

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‘Lead Africa’s Blue Economy Future’, SIFAX Group Urges Nigerian Youth At TAAM 2026

By Sylva OBASI SIFAX Group has called on young Nigerians to prepare themselves to lead the country’s maritime transformation, stressing that Nigeria’s aspiration to become Africa’s blue economy powerhouse rests on developing a new generation of skilled, innovative and well-mentored professionals. The charge was delivered on behalf of the Group Executive Chairman of SIFAX Group,…

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NIMASA Intensifies Campaign On Stowaway Prevention Through Grassroot Sensitization

By Sylva OBASI The Nigerian Maritime Administration and Safety Agency (NIMASA) has intensified its campaign against stowaways by taking public awareness to grassroots communities. PLATFORM REPORTERS gathered that at Snake Island, Lagos, the Agency engaged community leaders, youths, and residents on the dangers and consequences of stowing away on vessels. Residents commended NIMASA for the…

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NIMASA Commissions Maritime Museum In Kirikiri, Lagos State

By Sylva OBASI The Nigerian Maritime Administration and Safety Agency, NIMASA has commissioned the NIMASA Museum, located at the Nigerian Maritime Resource Development Centre (NMRDC), Kirikiri, Lagos, marking another milestone in the preservation and promotion of Nigeria’s rich maritime heritage. Speaking during the commissioning ceremony, the Director General of NIMASA, Dr. Dayo Mobereola, who was…

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