The plans by the Federal Government to finally float a $200m cabotage fund expected to boost local shipping operators' fleet expansion drive has raised hope in the shipping sector after the suspension of the Ship Acquisition and Ship Building Fund (SASBF) about 15 years ago. But critics are worried about the size of the fund and how far it can go in acquiring the right vessel for a wet cargo ...
Nigeria: Cabotage Vessel Financing Fund and Indigenous Shipping Development
This Day (Lagos), 25 November 2012
The plans by the Federal Government to finally float a $200m cabotage fund expected to boost local shipping operators' fleet expansion drive has raised hope in the shipping sector after the suspension of the Ship Acquisition and Ship Building Fund (SASBF) about 15 years ago. But critics are worried about the size of the fund and how far it can go in acquiring the right vessel for a wet cargo ...
Comments Post a comment