Recent legal developments shipping industry in Nigeria

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Individuals, joint homeowners, and firms (through their agent) should submit a written application to the minister at a Nigerian port of written record. Before or on the application, the ship should be surveyed and its duty ascertained; the ship should even be adequately marked in line with the businessperson Shipping Act. The surveyor can consequently issue a certificate of duty. To be registered because the possessor, the individual or corporation should build a declaration bearing on the ship as represented within the duty certificate. You can take the assistance of any of the Patent and Trademark Attorneys from Tejulaw in Nigeria for the best results.


The following developments area unit of explicit note: The commencement of construction of projected greenfield seaports at Badagry and Lekki in urban center State and advanced progress on the pre-construction of Ibom Port in Akwa Ibom State; ● A remarkable boost within the ratings of Nigerian ports’ compliance with the International Ship and Port Facility Security Code; ● An unfinished bill at the National Assembly for the institution of the Nigerian Marine Development Bank, with funds drawn from the Cabotage Vessel Finance Fund consistent to the proposal to determine a maritime development bank, as shipowners still demand single-digit interest rates on credit facilities obtainable to them; ● Increased demands on the central to alter national trading policy on oil transportation from free on board terms to price, insurance, and freight; ● The Nigerian Maritime Administration and Safety Agency (NIMASA) is more and more referred to as on by shipowners and high mariners to pay the $100 million Cabotage Fund;


â—? An upcountry instrumentality depot (a dry port) was inaugurated in Kaduna. The president indicated that six alternative dry ports in the city, Aba, Kano, Jos, Funtua, and Yerwa-Maiduguri are gazetted and area unit at totally different stages of completion. the event of dry ports promotes associated creates a sanctioning framework for multimodal transportation, thereby reducing traffic at seaports; â—? The National Transport Commission Bill has been gone along the National Assembly and is presently before the president for assent. If asserted, it'll establish the Transport Commission for regulation of all modes of transportation except air and is anticipated to facilitate a customary multimodal system;


● The Revised Import tips, introduced by the center on the advice of the Presidential sanctioning Business surroundings Council, mandate that each one import cargoes area unit palletized. This has been criticized by a good vary of trade participants, United Nations agency claim that the policy will increase the prices of doing business; and ● The Piracy and alternative Unlawful Acts confused Bill has been written by a committee came upon by NIMASA to deal with piracy among the country’s body of water and Therefore the Federal council has approved a memorandum to forward it to the National Assembly for thought.

You can also read: The Procedure of protection of well known or famous Trademarks in Nigeria


The individual should submit the subsequent info and documents: ● The name of the ship, the time and place of its purchase, the name of the master, particulars of the duty, build an outline of the ship, the bill of sale or builder’s certificate (ie, proof of title), the condition survey report and duty measure certificate as approved by the minister, the ship’s certificate of carving and marking note, the decision sign certificate, the Plimsoll certificate, proof of insurance or protection and indemnity coverage, the pre-purchase survey report and therefore the deletion certificate (if the vessel is dropping in from an overseas flag); ● Details of the ship purchaser(s), together with full names, addresses, and occupations; ● Evidence that the customer is sufficiently veteran to regulate and maintain the vessel; ● Where the ship is freshly created, the builder’s certificate and certificate of approved arrange issued by the Nigerian Maritime Administration and Safety Agency (in respect of Nigerian-built ships);


● Bank statements or reference letters as proof of ample finances for vessel operation and upkeep; ● Receipt of payment of prescribed registration fees; ● The ship’s logbook; ● Where the individual could be a company, a replica of the belongings structure reflective possession, the certificate of incorporation, the tax clearance certificate, particulars of administrators and therefore the memoranda and articles of association; and ● Where the ship was antecedently registered, the bill of sale and seller’s assurance against encumbrances. A.A. Tejuoso & Co. is one of the best legal law firms in Nigeria they have the best Intellectual Property Lawyers in Nigeria. For shipping-related issues, you can take their help.


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