RismadarVoice Reporters
September 24, 2026
Indigenous shipowners have urged the Dangote Group and other major cargo owners to award qualified Nigerian operators long-term shipping contracts to support local vessel acquisition and fleet expansion.
They said Contracts of Affreightment covering petroleum products, cement, fertiliser and other bulk cargoes would provide predictable revenues that could help Nigerian shipowners secure financing for new vessels.
Former Nigeria Chapter President of the African Shipowners Association and Group Managing Director of Seamate Maritime Integrated Services Limited, Capt. Ladi Olubowale, made the call at a Public-Private Dialogue organised by the Nigerian Chamber of Shipping in Lagos.
