Nigeria ship owners should embrace joint venture for sustainability – Seafarers vanguardngr.com vanguardnews
Making the call in an exclusive chat with Vanguard Maritime Report in Lagos, President of NMNOWTSSA, Alalade Mathew, said joint venture is the standard at the global level.
He stressed the need for government to consult with the NMNOWTSSA because they know those who are truly shipping experts and have the capacity to operate shipping company. “In advance countries they run joint ventures unlike Nigeria where it is a one man show. So when that one man collapse, the venture collapse too but it is not so in other countries.“Joint ownership in shipping makes it easier.
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