Going To Sea: Coastal Vessels

Going To Sea: Coastal Vessels

STATUTORY GUIDELINES FOR OPERATION OF COASTAL VESSELS Once again the voyage starts at the Department of Petroleum Resources. 1.0 Definition Coastal vessels are specifically used for lifting and/or discharging of bulk petroleum products at the Nation’s Jetties or from shore to shore or transship to shore. Under no circumstances shall licenced coastal vessels engage in bunkering operations. 2.0 Annual Licence and Verification Fee for Coastal Vessel An annual non-refundable coastal vessel licence fee of One Hundred Thousand Naira (N100,000.00) in Bank Draft shall be payable to the Federal Government of…

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