The Shipping Correspondents Association of Nigeria (SCAN) has concluded plans for its forthcoming 2026 summit to address the persistent financial challenges and regulatory hurdles confronting indigenous shipowners in Nigeria’s maritime sector. The high-level gathering will take place on October 29th, 2026, in Lagos. with the theme: “Low-Risk Capital For Indigenous Shipowners: Overcoming Regulatory, Financial Bottlenecks”, the summit aims to chart actionable pathways for unlocking adequate funding and creating an enabling environment that increases the participation and capacity of Nigerian-owned vessels in the domestic and international waters. Noting that this was largely due to systemic funding gaps, high interest rates, and regulatory bottlenecks faced by local fleet operators, Ebosele said the 2026 SCAN summit is expected to bring together key decision-makers, regulatory bodies, maritime experts, and primary lending institutions to forge sustainable solutions and bridge the financing gap for local shipowners. Through structured panel discussions and strategic dialogues, the summit aims to deliver practical recommendations that will enhance local vessel ownership, boost national fleet capacity, and bolster Nigeria’s blue economy.