Caverton Partners Naval Dockyard to Boost Nigeria’s Shipbuilding Sector
Details:
In a groundbreaking move to advance Nigeria’s marine infrastructure, Caverton Marine Limited has signed a landmark shipbuilding agreement with Naval Dockyard Limited. This collaboration, sealed at the Naval Dockyard in Victoria Island, Lagos, highlights Caverton Marine’s commitment to bolstering local production of high-quality vessels, such as GRP ferries, security boats, and fishing vessels.
Key Highlights:
• Strategic Collaboration: Rear Admiral Abolaji Orederu, Admiral Superintendent of Naval Dockyard, emphasized the significance of the partnership, noting it combines Caverton’s expertise in GRP manufacturing with the dockyard’s shipbuilding prowess.
• Innovation & Growth: Caverton CEO, Olabode Makanjuola, announced plans to transform the GRP Warehouse into a world-class facility, paving the way for large-scale contracts and market expansion across Sub-Saharan Africa.
• Economic Impact: The initiative supports Nigeria’s blue economy, enhancing maritime operations and creating training opportunities for local talent.
This collaboration is set to revolutionize the maritime sector, marking a new chapter in Nigeria’s journey towards self-reliance in shipbuilding and marine innovation.
Details:
In a groundbreaking move to advance Nigeria’s marine infrastructure, Caverton Marine Limited has signed a landmark shipbuilding agreement with Naval Dockyard Limited. This collaboration, sealed at the Naval Dockyard in Victoria Island, Lagos, highlights Caverton Marine’s commitment to bolstering local production of high-quality vessels, such as GRP ferries, security boats, and fishing vessels.
Key Highlights:
• Strategic Collaboration: Rear Admiral Abolaji Orederu, Admiral Superintendent of Naval Dockyard, emphasized the significance of the partnership, noting it combines Caverton’s expertise in GRP manufacturing with the dockyard’s shipbuilding prowess.
• Innovation & Growth: Caverton CEO, Olabode Makanjuola, announced plans to transform the GRP Warehouse into a world-class facility, paving the way for large-scale contracts and market expansion across Sub-Saharan Africa.
• Economic Impact: The initiative supports Nigeria’s blue economy, enhancing maritime operations and creating training opportunities for local talent.
This collaboration is set to revolutionize the maritime sector, marking a new chapter in Nigeria’s journey towards self-reliance in shipbuilding and marine innovation.