September 5, 2025

Maritime Stakeholders Set to Tackle War Risk Premium Burden at MAMAL 2025

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Maritime Stakeholders Set to Tackle War Risk Premium Burden at MAMAL 2025

Nifemi Coker

Key stakeholders in Nigeria’s maritime and allied sectors will converge in Lagos on Wednesday, August 27, 2025, for the third edition of the Maritime Annual Maritime Lecture (MAMAL), an initiative of the Maritime Reporters Association of Nigeria (MARAN).

The event, scheduled for Four Points by Sheraton, Victoria Island, will commence at 10:00 a.m. and focus on the theme: Addressing the Burden of War Risk Insurance on Nigeria’s Maritime Trade.

The Minister of Marine and Blue Economy, Adegboyega Oyetola, will attend as Special Guest of Honour, while top regulators, operators, and security stakeholders are billed to participate in the high-level discussions.

Among the industry leaders expected are the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola; Executive Secretary of the Nigerian Shippers’ Council, Barr. Pius Akutah Ukeyima; Flag Officer Commanding Western Naval Command, Rear Admiral Gregory Oaemen; and Executive Director (Operations & Technical) of Tantita Security Services, Capt. Warredi Enisuoh.

The lecture will be chaired by Engr. Greg Ogbeifun, Chairman of Starzs Investment Ltd, with a keynote address to be delivered by renowned maritime lawyer, Dr. Emeka Akabogu. Other guests of honour include Capt. Emmanuel Ihenacho, Chairman of Integrated Oil & Gas.

MARAN President, Mr. Godfrey Bivbere, explained that MAMAL 2025 is designed to provide a platform for frank dialogue and practical recommendations to ease the financial strain of war risk insurance premiums imposed on vessels trading to Nigeria. He stressed that the outcomes of the lecture will serve as valuable input for policymakers and operators in resolving the issue.

He assured that this year’s edition will be impactful and solution-driven, given the calibre of participants and the significance of the theme to the sector’s growth.

Now in its third year, MAMAL has steadily evolved into a key platform for constructive engagement on critical issues affecting the sustainability and competitiveness of Nigeria’s maritime industry.

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