Nigeria: Marine/ Shipping

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Welcome to the Mondaq Transport homepage, here you will find thought leadership articles, podcasts, videos and webinars providing insights covering topics such as Aviation, Marine Law, Shipping Law, Rail, Road and Cycling.
Article
Enforcing Ship Mortgages In Nigeria – Legal And Commercial Perspectives Under The AJPR 2023
Nigeria's maritime sector faces unprecedented financial pressures from rising interest rates, currency instability, and mounting loan defaults, fundamentally reshaping how ship mortgages are enforced. The introduction of the Admiralty Jurisdiction Procedure Rules 2023 has modernized enforcement mechanisms, expanding vessel arrest powers and facilitating judicial sales as strategic tools for preserving maritime assets. How are mortgagees navigating this convergence of economic volatility and procedural innov
Nigeria Transport
OA
Olisa Agbakoba Legal (OAL)
Article
CVFF Nigeria: What Indigenous Shipowners Must Prove To Access The US$700 Million Vessel Financing Fund
Nigeria's Cabotage Vessel Financing Fund has finally been activated after two decades, offering approximately US$700 million to indigenous ship owners. However, accessing these funds requires navigating a complex legal framework involving corporate ownership verification, operational competence assessments, financial viability studies, and strict regulatory compliance that extends far beyond simple vessel acquisition plans.
Nigeria Transport
OA
Olisa Agbakoba Legal (OAL)
Article
Nigeria’s Transportation Sector: Q1 2026 Reform & Implementation Update
Nigeria's transport sector is experiencing significant transformation across maritime, aviation, and logistics, with major infrastructure projects gaining momentum and foreign investment surging by 649%. New financing schemes, digital platforms, and international partnerships are driving efficiency improvements and positioning the sector for sustained growth and increased investor confidence.
Nigeria Transport
SB
Stren & Blan Partners
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