Headlines
NIMASA seeks end to war risk insurance premium, reduced shipping costs amidst slump in pirate attacks

Eyewitness reporter
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has stated that a sustained reduction in reported cases of piracy and other maritime crimes in Nigerian waters would end the regime of War Risk Insurance premium on Nigeria-bound cargoes.
Dr. Jamoh made the assertion when he received Executive Secretary of the Nigerian Shippers’ Council (NSC), Emmanuel Jime, who led a delegation from the Council on a courtesy visit to NIMASA at the Agency’s headquarters in Lagos.
Jamoh stated that the international shipping community had acknowledged the progress made by Nigeria in her quest for security in the Gulf of Guinea, as confirmed by recent reports by the International Maritime Bureau (IMB).
He said the sharp decrease in maritime incidents logged in IMB’s second-quarter report was valuable feedback on the Agency’s campaign for Nigeria’s delisting from countries under the war risk insurance burden which he believed was an indication that the shipping community looked forward to the sustenance of the progress made.
According to the Director-General, “Feedback on our campaign for Nigeria to be removed from countries paying war risk insurance premium on inbound cargoes has confirmed that the international shipping community is watching developments in Nigeria and the Gulf of Guinea with keen interest.
” Their desire is to see a sustainability of the positive developments in recent times leading to a drastic decline in piracy attacks in Nigerian waters and the Gulf of Guinea.”
Jamoh also emphasised, “Since the deployment of the Deep Blue Project assets in February, there has been a steady decline in piracy attacks in Nigerian waters on a monthly basis.
“With adequate sensitisation of the international shipping community, I am sure that our quest to be removed from nations considered to have dangerous waters will soon materialise for the benefit of Nigerian shippers.”
On his part, Jime called for greater collaboration among relevant government agencies to enable the country to derive the full economic benefits of the maritime sector.
He commended NIMASA for placing fleet expansion at the heart of her efforts to encourage indigenous participation in the maritime industry.
The Shippers’Council boss stressed that there was no better time to have a national carrier than now when the world was gradually looking away from fossil fuels, the current mainstay of the Nigerian economy.
Jime stated, “Nigeria cannot be caught unawares. We need to look at ways of developing our shipping sector, which, from studies, is capable of earning the country even more than oil annually. And maritime security is pivotal to achieving this goal.”
Freight Monitor
Freight forwarding business under threat as Customs Agents lament high cost of goods clearance at ports

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Headlines
Dantsoho,NPA MD, plays host to Japanese agency, Vicky Haastrup for strategic collaborations

Funso OLOJO
In continuation of his strategic engagements with institutions and individuals that would drive the operational efficiency of the agency, the Managing Director of the Nigerian Ports Authority (NPA), Abdulahi Datsotho, has played host to Chief Representative of the Japan International Cooperation Agency (JICA) Mr. Yuzurio Susumu at the NPA Headquarters Marina.
The meeting focused on harnessing the technical and allied synergies necessary to actualize the Dantsoho-led Management team’s quest to deepen the eco-friendliness of Nigerian Ports through renewable energy and increased automation.
JICA is an implementing agency of Japanese Official Development Aid (ODA) for the purpose of supporting the socioeconomic development and economic stability of developing regions.,
Similarly, Dr Dantsoho received in audience Olori Vicky Ayodele Haastrup, the wife of His Imperial Majesty, Oba Clement Adesuyi Haastrup, Ajimoko III, Owa Obokun Adimula and Paramount Ruler of Ijesaland at the NPA Headquarters.
Princess Vicky Haastrup, who is also Chairperson Seaport Terminal Operators Association of Nigeria (STOAN) pledged the institution’s support for the Dantsoho-led management team’s renewed effort at advancing the frontiers of trade facilitation.
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