‘Vessel fund must deliver tangible trade gains’

The Punch | 27-08-2026 04:45am |

Former President of the African Shipowners Association, Captain Ladi Olubowale, has stated that the success of the Cabotage Vessels Financing Funds should be measured by how effectively the funds are linked to actual trade opportunities, not just the amount available to shipowners. He made this remark in relation to a $25 million facility under the fund. Olubowale emphasized the need for tangible trade gains from the vessel fund.

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