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IFAN Invests $1 2 Million to Future-Proof Safe Navigation in Middle East
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IFAN invests $1 2m in future-proofing safe navigation | Hellenic Shipping News Worldwide
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Tanker Operator IFAN invests $1 2m in future-proofing safe navigation in the Middle East Gulf
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IFAN uses World Marine Aids to Navigation Day to highlight the importance of safe navigation
On World Marine Aids to Navigation Day (Thursday 1st July), the Board of the International Foundation for Aids to Navigation (IFAN) is reminding the world’s ship owners that Aids to Navigation (AtoN) are imperative to keeping the Middle East Gulf region safe for vessels and crew but that they must be paid for.
The Middle East Navigation Aids Service (MENAS), a subsidiary of IFAN, has been providing AtoN services since 1911 as no states can agree responsibility for the AtoN in the joint waters of the Gulf. This service is funded exclusively via nav dues payments and the sustainability of the existing service, on which the shipping industry depends, is totally dependent on receipt of these nav dues.