War risk insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises two key components: war risk liability, which covers people and goods aboard the vessel and is calculated based on the indemnity...
The Federal Government of Nigeria through its Ministry of Marine and Blue Economy, and the Nigerian Maritime Administration and Safety Agency (NIMASA), has continued its advocacy for the formal designation of seafarers as key workers. This, the government explained,...
……we will sustain momentum – NIMASA DG. The United States Coast Guard has commended Nigeria, and the Nigerian Maritime Administration and Safety Agency (NIMASA), for what the Coast Guard described as considerable progress in the implementation of the...
…We must prioritise sustainable, responsible maritime practices – Mobereola Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola has called on Maritime stakeholders across Africa to leverage the continent’s renewable energy potential to...
The Honorable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to the disbursement of the Cabotage Vessel Financing Fund (CVFF). This was the focus of discussions...
The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola today commended women for their contributions to the development of the Nigerian maritime industry. In his message to commemorate the 2025 International Women’s...
