With a view to promote and maintain efficient and environment friendly enterprise relationships between Federal Authorities businesses, port customers, cargo, and ship homeowners within the nation’s maritime sector, the Maritime Arbitrators Affiliation of Nigeria (MAAN) has emphasised the importance of other dispute decision (ADR).
Bodunrin Adewole, the president of MAAN, underlined that port customers ought to use ADR to resolve disputes in commerce contracts between themselves, most people, and the Federal Authorities moderately than turning to litigation when doing so. He made this assertion in Lagos over the weekend.
By establishing a global maritime arbitration and dispute decision middle in Lagos, Adewole reaffirmed MAAN’s dedication to the promotion and sustainability of world finest practices in maritime arbitration and ADR.
As well as, he urged parastatals underneath the Federal Ministry of Transportation, notably the Nigerian Shippers Council, Nigerian Maritime Administration and Security Company (NIMASA), and Nigerian Port Authority (NPA), to incorporate ADR of their contracts as a result of it’s a far more inexpensive and environment friendly methodology of resolving disputes.
The MAAN President highlighted that the creation of the Worldwide Arbitration Centre would increase Nigeria’s attraction as a location for the arbitration and ADR of maritime points in West Africa.
He acknowledged that it’s anticipated that the Federal Ministry of Transportation would acquire from the institution of the Worldwide Arbitration Centre with regard to all of its present contracts, notably with regard to disputes ensuing from contract execution.
When discussing the institutional framework for the maritime arbitration and dispute decision middle, NIMASA’s Registrar of Ships, Mrs. Nneka Obianyor, recalled that one of many causes Nigeria wasn’t regarded as a viable location for worldwide business arbitration previously was the shortage of formal arbitral establishments.
She famous, nonetheless, that that is now not the case given the presence of quite a few revered organizations within the maritime business, comparable to MAAN, which has a well-structured apply course for ADR.
The affiliation’s vp, Mrs. Jean Chiazor Anishere, acknowledged that for the reason that MAAN was established in 2005, it has been a driving pressure in selling the decision of maritime conflicts by means of arbitration, mediation, and all different ADR processes.
She added that the organisation plans to launch extra packages and initiatives within the upcoming years.