Nigeria shipowners’ hope of getting the Cabotage Vessel Financing Fund (CVFF) to enable them to reposition the industry for active participation in sub-Saharan shipping transactions
25 Jun 2019
A Federal High Court, Lagos has in a landmark judgment held that drilling operations fall within the definition of ‘coastal trade’ under the Coastal and Inland Shipping (Cabotage) Act and that oil rigs fall within the definition of vessels under the Act. Trial judge, Babs Keuwumi gave the verdict June 14, 2019 in a…
4 Dec 2016
Thirteen years after the Cabotage Act was signed into law, the poor implementation of the legislations has left Nigerian operators in the maritime industry in the doldrums.