Headlines
US suspends class services for Russian vessels
“After careful consideration of the situation in Ukraine and the Black Sea as well as the applicable sanctions, ABS has taken the decision to withdraw all class services involving Russian vessels, assets and companies,” ABS wrote.
The decision aligns with a wide array of NATO-member sanctions on Russian commerce, including the UK and Canadian port bans on Russian-linked shipping; extensive coordinated sanctions on Russia’s banking sector; American and Canadian bans on Russian oil; and EU sanctions on Russia’s flag administration/class society, RS Class.
ABS’ decision follows similar statements from DNV and LR, which both announced the termination of services for Russian-related entities last week.
In a statement, ABS said that it is in the process of discussing its decision with affected clients, and it is working to ensure the safety of all of its employees in the region.
Headlines
Open Letter to President Bola Ahmed Tinubu on the need to assent to the Nigerian Shipping and Ports Economic Regulatory Agency(NSPERA) bill
By Elder Asu Beks
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Mobereola, NIMASA DG, reflects on year 2025 with satisfaction, says 2026 holds promising opportunities for maritime industry
” You can therefore be sure of an increased momentum in our resolve to sustain maritime safety, security, environmental protection and adherence to relevant conventions and protocols with renewed vigour.”
The DG concluded by acknowledging the support of President Bola Ahmed Tinubu, Adegboyega Oyetola, Minister of Marine and Blue Economy, industry stakeholders, management and staff of NIMASA as well as all Nigerians and wished everyone a Merry Christmas and a prosperous New Year.
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