Niger Delta Blue Economy Summit Partners Caverton to Boost Safe, Low-Emission Water Transport

The Niger Delta Blue Economy Investment Summit has entered into a strategic partnership with Caverton Marine to advance safer, more efficient, and climate-friendly marine transportation across the Niger Delta. The collaboration was announced after a high-level meeting between the Summit’s organising committee and Caverton Marine in Lagos. It is designed to tackle longstanding safety concerns […]

The Niger Delta Blue Economy Investment Summit has entered into a strategic partnership with Caverton Marine to advance safer, more efficient, and climate-friendly marine transportation across the Niger Delta.

The collaboration was announced after a high-level meeting between the Summit’s organising committee and Caverton Marine in Lagos.

It is designed to tackle longstanding safety concerns on the region’s waterways while fast-tracking the adoption of modern, low-emission passenger vessels.

Caverton Marine, an indigenous boat manufacturing and marine logistics company, is widely recognised for its role in improving water transportation in Lagos through public-private partnerships.

Speaking after the engagement, Cedric Ogwu, a member of the Summit’s organising committee, said the partnership was inspired by Caverton’s track record in Lagos and the need to replicate similar successes in the Niger Delta.

“We are encouraged by the measurable improvements in water transport safety and efficiency in Lagos, and by Caverton’s contribution to those gains. The Summit offers a platform to examine how these tested solutions can be adapted for the Niger Delta, where water transport is not a choice but a necessity,” Ogwu said.

He added that the Summit will bring together governments, investors, and operators to scale infrastructure that reduces accidents, restores commuter confidence, and supports sustainable economic activity in coastal communities.

In his remarks, Managing Director of Caverton Offshore Group, Mr. Bode Makanjuola, welcomed the partnership, describing the Summit as both timely and forward-looking.

“The vision behind this Summit is bold, and we are eager to contribute. While Caverton is already working with some Niger Delta states, there remains significant scope to expand our impact,” he said.

Makanjuola revealed that the company now produces passenger boats that meet international safety and quality standards, including fully electric ferries designed to lower operating costs and minimise environmental impact over time.

“Many waterway accidents are avoidable and often result from equipment failure and substandard vessels. Deploying certified boats built to global specifications can dramatically reduce these risks,” he noted.

Also speaking, Co-convener of the Summit, Dr. Uche Igwe, said Caverton’s move into electric ferry manufacturing aligns with global energy transition and climate goals.

“The introduction of fully electric ferries is a significant opportunity for the Niger Delta. It supports climate action, cuts carbon emissions, and enhances the region’s appeal to green investors in marine transportation,” he said.