“The pandemic has brought to the fore the importance of maritime transport as an essential sector for the continued delivery of critical supplies and global trade in time of crisis, during the recovery stage and when resuming normality”.

Maritime plays a major role in facilitating international trade within the continent. It is even estimated to even play an increased role as the ACFTA goes into effect. With a maritime area of 46,000 km2 , annual freight cost estimated at between $10 billion and $12 billion annually, the maritime component of Nigeria’s oil and gas industry is estimated worth an estimated $20 billion however the global pandemic challenge has significantly impacted the sector.

At CAP, we offer customized maritime advisory and financing solutions for secured maritime finance for the acquisition of maritime vessels, equipment as well as facilitating the shipbuilding industry which is largely dominated by foreign companies.