Cabotage Archives - National Wire

Vessel Acquisition: President Buhari Approves Disbursement Of Cabotage Financing Fund

December 11, 2022 0

President Muhammadu Buhari, has approved the immediate disbursement of the Cabotage Vessel Financing Fund, CVFF, to qualified Nigerians as part of the Federal Government’s commitment to grow indigenous capacity of Nigerians to own vessels.

Nigeria Begins Clampdown On Vessels Over Non-Compliance With Cabotage Regime

February 11, 2019 0

After several warnings, the Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced clampdown on vessels that do not comply with the provisions of the Cabotage Compliance Strategy introduced last year to ease the implementation of the Cabotage Act 2003 in Nigeria. The Director-General of NIMASA, Dr. Dakuku Peterside, has said the Agency will no longer encourage the application of …