Maritime – Page 24 – Shipping World News Magazine

Dec142017 by Asu BeksNo Comments

I Will Turn Around The Fortunes of MAN Oron In 365 Days – Rector

Newly appointed Rector of the Maritime Academy of Nigeria, Commodore Emma Daju Effedua retd has promised to return the institution to its glorious past as one the most admired and respected maritime academy in the west and central African sub region. Commodore Effedua who made the pledge Wednesday in Oron when he hosted members of the House Committee of Maritime Administration and Education said, "I am here to change the narrative where cadets of the Academy are regarded as half baked and unemployable" He added that, " When this Academy was established 40 years ago it was the the pride of the African continent. It was established at the same time countries like South Africa, Ghana and Egypt also came up with their maritime academies but 40 years down the line, we are hundreds of pole...

Dec112017 by Asu BeksNo Comments

Full Text of Engr. Ogbeifun’s Address At Shipowners Dinner Night

Business, Maritime

OPENING ADDRESS BY MR. GREG OGBEIFUN PRESIDENT, SHIPOWNERS ASSOCIATION OF NIGERIA (SOAN) ON THE OCCASION OF THE ALL SHIPOWNERS WORKSHOP AND DINNER PROTOCOL- RECOGNITIONS The events at the recent International Maritime Organization (IMO) elections into Category C of the Council where Nigeria lost and actually came second to the last position underscores the importance and urgency of the theme of this end of year Workshop and Dinner “Giving a Critical Lifeline to the Nigerian Maritime Industry”. Our performance at that election has dealt a hard blow on our psyche as a maritime nation. The world has told us that our maritime domain is sick and almost moribund, that we are not a maritime nation that can be relied on for maritime trade, maritime security, maritime infrastructure or ...

Dec102017 by Asu BeksNo Comments

$100 billion Ship building Fund: Ship Owners may drag Amaechi before Buhari

Breaking News, Business, Maritime, Opinion

The Nigerian Ship Owners Association (NSOA) is set to drag the Transportation Minister, Rotimi Amaechi, before President Muhammad Buhari over the refusal of the Nigerian Maritime Administration & Safety Agency (NIMASA) to commence the disbursement of the Cabotage Vessel Financing Fund (CVFF). The end of year dinner of the NSOA last week in Lagos almost degenerated into a brawl when Engr. Greg Ogbeifun challenged the minister to show them where he derived his powers to hold back the CVFF. The funds are about $100 billion. At the dinner, Amaechi had boasted that as long as he remained the minister of transportation, not one Kobo of the CVFF would be disbursed. The CVFF currently domiciled in NIMASA has become an issue of controversy as successive managements in the agency have fail...

Dec92017 by Asu BeksNo Comments

Amaechi, Ship Owners Fight Dirty over N100b Vessel Financing Fund

Breaking News, Business, Maritime

The Minister of Transportation, Rotimi Amaechi on Thursday announced that he will not disburse the Cabotage Vessel Financing Fund (CVFF), dashing the hopes and expectation of indigenous ship owners, who have been waiting for the disbursement of the fund for more than a decade. This is even as the ship owners demanded the sack of Dakuku Peterside as Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) for his incompetence in running the affairs of the agency. Amaechi told a gathering of ship owners and key stakeholders who converged at a workshop and dinner organized by the Ship Owners Association of Nigeria (SOAN) that as long as he remains the minister, the fund will not be disbursed. The CVFF which currently stands at over $100billion was created solely t...

Dec72017 by Asu BeksNo Comments

NIMASA NSDP: UK University Graduates 59 Nigerian Cadets

Breaking News, Education, Maritime

…As four Bag First Class Honours, Dakuku Hails Capacity Growth The Capacity Building initiative of the Nigerian Maritime Administration and Safety Agency (NIMASA) through the Nigerian Seafarers Development Programme (NSDP) has again received another boost as 59 of the beneficiaries have graduated from the Liverpool John Moores University, United Kingdom. This brings it to a total number of 1,343 graduates of the scheme since its inception from the various institutions in United Kingdom, Egypt, Romania and Philippines. At the graduation ceremony which held in the United Kingdom recently, 4 of the students graduated with a 1st Class, while 36 of them had 2nd Class (Division 1) degrees and others graduated with various grades. Speaking on this development, the Director General of the Nige...

Dec72017 by Asu BeksNo Comments

NIMASA did not spend anything close to N300m at IMO Election…Bashir Jamoh

Maritime, Politics

Mallam Bashir Jamoh , Executive Director Finance and Administration at NIMASA, has said the maritime press goofed over claims that the agency spent a whooping N300m at the just concluded IMO Council meeting. ' I think the media got it all wrong. What NIMASA spent for the entire trip and the campaign was far less than N300m being peddled by the media', he said. It would be recalled that Nigerian for the third consecutive year failed to secure a seat in Category 'C' of the recent IMO Council Election in which five African countries got elected. African countries which came out at the election include Liberia, Kenya, Morocco, South Africa and Egypt. The loss was a huge dent on Nigeria's status as the current Chairman of African Maritime Administrators. Jamoh explained given Nigeria's pa...

Dec62017 by Asu BeksNo Comments

Retraction

Maritime

On Saturday Dec 2, the online edition of Shipping World Magazine published a story captioned ' IMO COUNCIL ELECTIONS:NIMASA returns without the 'Trophy' in which we inadvertently quoted Mr Ferdinand Agu as having remarked that 'politicians don't have an idea what the maritime sector is all about' He had asked rhetorically, 'how can you contract maritime safety and security to a private company when the Navy is there?. The said remark was made by a former Director General of NIMASA who craved for anonymity and not Mr Agu as implied in the report. We have since realised that the comment was wrongfully attributed to Ferd Agu, who was a Director General of the National Maritime Authority, NMA and not NIMASA. Our error is regretted

Dec22017 by Asu BeksNo Comments

IMO COUNCIL ELECTION: Again , NIMASA returns without the ‘ trophy’

Breaking News, Business, Maritime

For the third consecutive time, Nigeria yesterday lost its bid to get re-elected into category 'C' of the International Maritime Organisation (IMO) which took place in London, scoring a miserable 98 points in an election that saw five African countries of Morocco, Egypt, South Africa, Kenya and Liberia joining the group. The category C is the executive organ of the IMO that takes decisions in the absence of the Assembly and coordinates all activities of the Organs of the organisation. It has 20 member countries with special interest in maritime transport or navigation. Nigeria's 36-man delegation was led by the Minister of Transportation, Chibuike Rotimi Amaechi, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), directors and top ministry officials...

Nov282017 by Asu BeksNo Comments

Stakeholders Oppose Amendment to NIMASA Act Seeking 1% Contribution to Navy

Breaking News, Law, Maritime

Stakeholders in the Nigerian maritime industry have opposed moves by the Nigerian Navy seeking amendment to the Nigerian Maritime Administration and Safety (NIMASA) Act to contribute 1% of its revenue to the Nigerian Navy. The move was condemned by industry players during a One-Day Public Hearing on “A bill for an Act to Amend the Nigerian Maritime Administration and Safety Agency Act, No. 17 2017 to increase the functions of the Agency; and for related matters (HB; 1131 & 1178), before the House of Representative Committee on Maritime Safety, Education and Administration. Speaking at the event, the President, African Ship owners Association and a former Director General of NIMASA, Mr. Temisan Omatseye pointed out clearly that it will be against all international conventions of t...

Nov282017 by Asu BeksNo Comments

16 Companies In INTELS-Operated Free Trade Zone Deregistered

Business, Law, Maritime

The Oil and Gas Free Trade Zones Authority (OGFZA) has deregistered a total of 16 companies operating in the zones under the concession of INTELS Nigeria Limited, the company whose contract for ship pilotage was recently revoked by the federal government. However, the companies are said to have voluntarily applied to withdraw from the trade zones following the lull in business activities even before the face-off between the federal government and Intels. According to the OGFZA, the application for de-registration between March and April 2017, saying that the current feud has no connection with the exit of the affiliate OGFZA maintained that companies under the zone indicated interest to leave due to lull of economic activities in Nigeria and the authority is currently engaging INT...