Maritime

NIMASA takes over Continental Shipyard for Modular Floating Dock operations

By Edu Abade

The Nigerian Maritime Administration and Safety Agency (NIMASA) has taken over areas leased to it by the Nigerian Ports Authority (NPA) at the Continental Shipyard for the operations of the Modular Floating Dock.

The areas include but are not limited to the dolphin jetty, waterfront of the jetty adjourning the slipway, an administrative block, a construction, welding and mechanical workshop and a civil maintenance workshop, among others.

During the handover ceremony, the Director General of NIMASA, Dr Bashir Jamoh, said the handover of the Continental Shipyard to NIMASA marks the final lap in its quest to deploy the Modular Floating Dockyard.

Jamoh, who was represented by the Head, Public, Private Partnership (PPP) Unit, Mr Kabiru Diso, assured stakeholders that the Modular Floating Dockyard would soon be deployed since all grey areas between NIMASA and the NPA have been cleared.

“The Modular Floating Dockyard is a national asset and now that all grey areas between the NPA and NIMASA have been addressed, we are very close to the deployment of the Modular Floating Dock.

Read Also: Honeywell’s N72.2 billion judgment claim an exercise in futility, Ecobank insists

“Our goal is to domicile dry-docking of vessels in the country thus saving the nation foreign exchange currently expended on dry-docking vessels outside the shores of Nigeria. The floating Dock will also provide both direct and indirect employment to Nigerians with a multiplier effect on capacity development,” he said.

Describing the move as bankable and sustainable, he disclosed that the Infrastructure Concession and Regulatory Commission (ICRC) had issued a certificate of compliance for an Outline Business Case (OBC) for the operation of the floating dock.

He added that the Modular Floating Dock, which has the capacity to handle up to 10,000 metric tons vessels, would be run on a Public Private Partnership (PPP) arrangement.

Follow The Trumpet on all our social media platforms for more updates:

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.