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    Wakashio

    JTSB releases its final report on Wakashio grounding

    longlinder grounded

    Crewmember falls from tanker off Boston

    New partnership aims to reduce the risks posed by dry bulk cargoes

    St. Lawrence Seaway resumes traffic as grounded vessel is refloated

    High risk of asbestos exposure at shipyards: What to be aware of

    High risk of asbestos exposure at shipyards: What to be aware of

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    thinking out of the box

    Thinking out of the box: 5 tips for creative thinking

    Practicing gratitude can change your life

    Practicing gratitude can change your life

    Always do what your gut tells you: Keep it healthy

    Always do what your gut tells you: Keep it healthy

    Book Review: A role model for ship managers

    Book Review: How we perceive and deal with luck in life and business

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    • Arctic
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    • Emissions
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    Skarv Shipping orders up to eight low carbon MPVs vessels

    Skarv Shipping orders up to eight low carbon MPVs vessels

    Seaside LNG becomes the latest member of the SEA-LNG coalition

    Seaside LNG becomes the latest member of the SEA-LNG coalition

    Grieg Green: It’s time to shed our focus on workers’ rights at ship recycling facilities

    GMS: India recyclers affected by improving sentiment

    KCC combines several energy saving technologies for maximum results

    KCC combines several energy saving technologies for maximum results

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    Two COSCO companies issue their first electronic bills of lading

    Two COSCO companies issue their first electronic bills of lading

    Jotun Hellas pioneers vessel maintenance and safety with novel Aerial Drone Inspection Service

    Jotun Hellas pioneers vessel maintenance and safety with novel Aerial Drone Inspection Service

    IUMI explores the implications of digitalization on marine insurance

    IUMI explores the implications of digitalization on marine insurance

    UK-Singapore consortium achieves world’s first fully-digitalised shipment

    UK-Singapore consortium achieves world’s first fully-digitalised shipment

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    indian seafarers prison

    Cruise captain jailed for 5 years in fatal Hungary boat accident

    canada shipwreck

    Ghana imposes strict PSC and fines over MARPOL violations

    ClassNK amends its rules on construction of steel ships

    Liberia: How to comply with PSC focus on firefighting and clean machinery spaces

    orange county oil spill fines

    Crude oil tanker to pay 88 crores for damaging Haldia oil jetty

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    Do you know which vessel took a sharp turn on floating standards?

    Do you know which vessel took a sharp turn on floating standards?

    MARPOL 50 Watch Column: Expert thinking on tackling marine pollution and climate crisis worldwide

    MARPOL 50 Watch Column: Expert thinking on tackling marine pollution and climate crisis worldwide

    Valenciaport: ETS poses many risks for non-EU ports

    Valenciaport: ETS poses many risks for non-EU ports

    World Maritime Day 2023: Celebrating 50 years of MARPOL

    World Maritime Day 2023: Celebrating 50 years of MARPOL

  • Columns
    Gard Club: Industry needs to mature and learn from incidents and human errors

    Gard Club: Industry needs to mature and learn from incidents and human errors

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

    Tokyo MOU: Fire Safety is one of the most frequently detainable deficiencies

    Seafarer Stories: Capt. Cristian Bacanu, Master

    Seafarer Stories: Capt. Cristian Bacanu, Master

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SAFETY4SEA

Nigeria to establish maritime arbitration centre

by The Editorial Team
September 18, 2019
in Shipping
nigeria piracy
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The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, stated that policies of the Government of Nigeria in the maritime sector aim to advance Foreign Direct Investment (FDI) into the industry.

Mr. Peterside informed that Nigeria plans to establish an International Maritime Arbitration Centre in Lagos, in order to enable the timely resolution of disputes within the Gulf of Guinea region. This will in turn significantly decrease ­the current trend where maritime players in the area head to London, Dubai or Singapore for arbitration on maritime issues.

He also explained that the reforms in the Nigerian maritime sector are creating opportunities in the industry, and for this reason he invited investors to leverage them.

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He specifically stated that the Nigerian maritime environment has a large potential, as it represents more than half of the entire population of West Africa. The potentials regard shipbuilding and ship repair.

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What is more, in the next five years, ships built outside Nigeria will not be allowed to take part in cabotage trade. For this reason, NIMASA’s Director-General called interested parties to invest in the shipbuilding and ship repair industry in Nigeria.

What is more, he revealed that the Nigerian Ship registry is being transformed, in order to be more attractive by providing provisions for both national and international players.

Tags: Gulf of GuineaNigeriaNIMASAshipping industry
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