By Kenneth Jukpor
The new management hasn’t put in a wrong foot to correct the dwindling state of indigenous shipping, with crucial engagements and assurances from the Nigerian National Petroleum Corporation (NNPC) to engage Nigerian ship owners for Cabotage trade on petroleum products transshipped from offshore Lagos to other parts of the country. NIMASA has also obtained assurances of a change in trade terms for crude affreightment from Free on Board (
FOB) to Cost Insurance and Freight (CIF).
The agency extended the validity of statutory and trading certificates for all Nigerian registered vessels, including Standards of Training, Certification and Watchkeeping (STCW) certificates for seafarers to ensure uninterrupted shipping, despite the pandemic.