Maritime – Page 2 – Shipping World News Magazine

May92025 by Asu BeksNo Comments

New Marine and Blue Economy Policy: The Imperatives of an Implementation Committee . By Asu Beks.

A cheery news emerged from last Monday's Federal Executive Council meeting,FEC, Presided by President Bola Ahmed Tinubu. It was to the effect that the Federal Government has approved a 10-year Policy framework for Nigeria's Marine and Blue Economy. The news attracted jubilation from stakeholders who for almost two years since the creation of the ministry have been groping in the dark about the policy direction and framework of the new ministry. For a country which had relied upon a sole commodity as its mainstay, this news couldn't have come at a better time. The world bank sees the blue economy as a vital opportunity for sustainable economic growth, improved livelihoods, job creation, while preserving the health of Marine ecosystems. The Blue Economy aligns with the world bank's go...

Apr272025 by Asu BeksNo Comments

Irregularities in pension remittance by Shipping Companies:Francis Bunu Bears his fangs

Maritime, Misc

The Maritime Workers Union of Nigeria (MWUN) under the leadership of Comrade Francis Bunu Abi vows to descend heavily on Terminal Operations and Employers of Seafarers' and Dockworkers over irregularities of Maritime Workers pensions remittance nationwide. The leadership of the Union recently got the wind of these employers of labour and terminal operators over their acts of irregular remittance of their employees pensions to its appropriate quarters, thereby, shortchanging the Seafarers' and their counterparts, the Dockworkers, both categories of workers from the Maritime Workers Union of Nigeria. It was also learnt that some Ship Owners and Terminal Operators have allegedly stopped the remittance of Dockworkers and Seafarers' PSA in there employ, which is a gross violation of l...

Apr162025 by Asu BeksNo Comments

Gov Douye Diri receives Most Maritime friendly AWARD at MIMA ’25. :

Maritime, Misc, News Feature

Bayelsa State Governor, Sen Douye Diri, yesterday in Lagos received an award as the Most Maritime Friendly Governor at the 27th Edition of the Maritime Industry Merit AWARD, MIMA , which held at the Ball Room of Oriental Hotel, Victoria Island Lagos. Gov Douye Diri who was represented by the Secretary to the Bayelsa State Government, Prof Nibofa Ayawei, reiterated the commitment of his administration in harnessing the full potentials of the Marine and Blue Economy. He appealed to prospective investors to take advantage of the abundant marine resources in Bayelsa State. Also in attendance at the event was the Bayelsa State Commissioner for Marine and Blue Economy, Dr Faith Zibs Godwin.

Apr152025 by Asu BeksNo Comments

In Historic Move, Oyetola Orders NIMASA to Commence Process of CVFF Disbursement

Maritime, News Feature

In a landmark move poised to reshape Nigeria’s maritime landscape, the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Isiaka Oyetola (CON), has directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to commence the process that will lead to the long-awaited disbursement of the Cabotage Vessel Financing Fund (CVFF). This directive marks a significant shift from over two decades of administrative stagnation and ushers in a new era of strategic repositioning of Nigeria’s indigenous shipping. The CVFF, established under the Coastal and Inland Shipping (Cabotage) Act of 2003, was designed to empower Nigerian shipping companies through access to structured financing for vessel acquisition. However, successive administrations failed to operationaliz...

Apr132025 by Asu BeksNo Comments

We’re Committed to a Holistic Development of Ports Nationwide —Oyetola

Maritime

IN the vast expanse of Nigeria’s poential, where the azure waters meet the burgeoning ambition of a nation, stands a figure of transformative vision: His Excellency, Adegboyega Isiaka Oyetola, CON. Appointed by President Bola Ahmed Tinubu in August 2023, he assumed the mantle of Nigeria’s pioneer Minister of Marine and Blue Economy, a portfolio charged with charting a course towards sustainable prosperity through the nation’s rich maritime resources. A seasoned technocrat, whose tenure as Executive Governor of Osun State (2018-2022) etched a legacy of infrastructural advancement and economic fortitude, Oyetola arrived at this nascent ministry with a pedigree of proven excellence. His appointment was a strategic alignment of experience with opportunity, a recognition of his capacity to n...

Apr112025 by Asu BeksNo Comments

Adewale Adeyanju: 8 years of Uncommon Leadership at MWUN*

Maritime, Misc, News Feature

Founded about 29 years ago, the Maritime Workers Union of Nigeria, (MWUN) remains one of most formidable labour unions given its prime position coming perhaps next to oil and gas sector workers. As an import dependent economy, each time the Maritime Workers sneeze, there is usually a near earthquake as import and export activities are brought to a standstill. Given its key bargaining powers, the Nigerian Labour Congress holds Maritime Workers Union as a strategic partner at times of serious trade dispute between Labour and the Federal Government. And it is in recognition of this crucial role that it has been the tradition for almost every President General of the Maritime Workers Union to be "allocated" the position of Deputy President of the Nigerian Labour Congress (NLC). In it...

Mar112025 by Asu BeksNo Comments

Damilola, Laswa, boss receives Maritime Industry Merit Award Nomination Letter

Maritime

Damilola Emmanuel, General Manager Lagos Waterways Authority, yesterday in Lagos received his nomination letter as one of the Awardees of the 2024 Maritime Industry MERIT AWARDS. World magazine Awardee, received his official notification. Elder Asu Beks who led members of the Local Organising the Committee of the MIMA 2024, said Mr Damilola was being honored for driving best practices and excellence at the Lagos Waterways Authority. Asu Beks praised Mr Damilola for his resilience and dedication to duty and for transforming LASWA into an enviable and exemplary brown water regulator and service provider. Responding, Mr Damilola said he is pleasantly surprised by the recognition, dedicating the Award to the governor of lagos State, Babajide sanwo-0lu, and his staff at LASWA " I w...

Mar52025 by Asu BeksNo Comments

COUNTDOWN TO MIMA ’25

Maritime, Misc, News Feature

Sen Douye Diri is Nigeria's Most Maritime Friendly Governor. He is not only nicknamed a miracle Governor, he has also brought prosperity to his people. As a man from the Creeks of the Niger Delta, he is very passionate about his ENVIRONMENT. He has led various campaigns to draw the attention of Nigerians and the global community ,to the massive pollution which oil exploration and exploitation by IOCs have visited on the region. And when President Bola Ahmed Tinubu created the Ministry of Marine and Blue Economy at the Federal level, he didn't hesitate to have Bayelsa align with the vision of Mr President by being the first and only State to create a Ministry of Marine and Blue Economy. He is ready to tell anyone who cares to listen that " the prosperity of Bayelsa State lies in the bel...

Mar32025 by Asu BeksNo Comments

MIMA 2025: Oyetola nominated for Marine & Blue Economy Pacesetter Award

Maritime, Misc, News Feature

Minister of Marine and Blue Economy, Adegboyega Oyetola, has been nominated as the recipient of the "Marine and Blue Economy Pacesetter Award" by Maritime Media Limited, organisers of the Annual Maritime Industry Merit Awards (MIMA). The award, according to the organizers, is in recognition of Oyetola's painstaking efforts to midwife the new ministry through his innovative leadership skill. In a letter signed by Elder Asu Beks, on behalf of the Editorial Board of Maritime Media Limited, Oyetola was commended for his engagement with critical stakeholders to develop a robust legal and policy framework, essential for navigating the complexities of the marine and blue economy sector. "As a thorough bred and a renowned technocrat, you have also been strategic in your drive to ensur...

Feb242025 by Asu BeksNo Comments

Sanwo-Olu, Diri, Others To Headline MIMA 2025 Awards _Akutah to clinch 2024 Maritime Man of the Year_

Maritime, News Feature

The Governor of Lagos State, Mr. Babajide Sanwo-Olu and his Bayelsa State counterpart, Governor Douye Diri, are among eminent Nigerians that will be celebrated for their sterling contributions in the maritime sector at the 2025 Maritime Industry Merit Awards (MIMA). Sanwo-Olu will be honoured as the Most Outstanding Governor (Maritime Infrastructure Development) while the Bayelsa State Governor, Douye Diri will be celebrated as the Best Maritime Friendly Governor. In a statement released week end by Local Organising Committee, the Minister of Marine and Blue Economy, Chief Adegboyega Oyetola, CON, will be receiving the Marine and Blue Economy Pacesetter Award; while the Executive Secretary of Nigerian Shippers' Council (NSC), Dr. Pius Akutah,will be celebrated as the 2024 Maritim...