The Maritime Arbitrators Association of Nigeria (MAAN) plans to host the first ever Dispute Resolution Week for maritime industry stakeholders, operators and regulators.
President of the association, Dr. Omogbai Omo-Eboh, said the Dispute Resolution Week will hold from 16th to 20th May 2016 at the new International Centre for Arbitration and ADR, No. 1A, Remi Olowude Street, Lekki Second Roundabout, Lekki-Epe Expressway, Lagos.
“In line with the core vision of MAAN to become a worldwide recognized leader in commercial maritime dispute resolution by supporting and facilitating domestic and international arbitration and promoting Nigeria as a venue for the settlement of maritime disputes through arbitration and ADR, the Association is undertaking this initiative which aims to raise awareness of non-court based approach to resolving maritime disputes in Nigeria.
“To this end, we expect to facilitate the resolution of about 50 maritime disputes through the utilization of alternative dispute resolution techniques, i.e. arbitration, mediation, conciliation or negotiation. Our aim is to expose these forms of alternative dispute resolution mechanisms as being more effective than the court/litigation process.
“The advantages are reduced time in dispute resolution, reduced cost, confidentiality of the process, improved satisfaction with the outcome among disputants, among others,” Omo-Eboh said.
He said the week long programme promises to be a beneficial and advantageous endeavour to the maritime industry.
He said various organisations, including government agencies, shipping companies, terminal operators, importers, freight forwarders and the organized private sector are billed to participate in the Dispute Resolution Week.