With the coming into effect of the Nigerian Maritime Administration and Safety Agency Act in May 2007 a single agency to administer all aspects of Maritime law and shipping in Nigeria was created. The agency also administers all registrations and regulations made pursuant to the CABOTAGE Act. We have advised Clients extensively in respect of the application of the various Acts which remain in force in this sector. The overlap of regulators also means that maritime entities who also operate in the oil and gas industry will have to
transact with the Department of Petroleum Resources.
The Nigerian Ports Authority and the National Inland Waterways Authority also regulate some operations in this sector such as operations in compulsory pilotage districts, port approaches and navigation on the inland waterways. One must of course not forget the local content requirements in the oil industry, as administered by the Nigerian Contents Development Management Board, which also apply to vessels.
This multiplicity of sector regulators requires a clear understanding of the regulatory environment on the part of operators. We possess the knowledge required to navigate these waters. We provide a broad range of services from compliance, flag state registration, financing, importation paperwork, crewing, Cabotage regulations and waivers to vessel brokerage, bids and tender support.