War Risk Premium: MARAN Shifts MAMAL 2025 Date, Venue

... Rallies Maritime Leaders for Strategic Dialogue

Harboursandport.com: Lagos, Nigeria - August 6, 2025: The Maritime Reporters Association of Nigeria, MARAN has announced a new date and venue for its flagship event, the MARAN Annual Maritime Lecture, MAMAL 2025. The event is now set to take place on August 27, 2025, at the Four Points By Sheraton Hotel, Victoria Island, Lagos—one day earlier than previously scheduled.

With the theme “Addressing the Burden of War Risk Insurance on Nigerian Maritime Trade,” the event will spotlight the persistent imposition of Extra War Risk Insurance (EWRI) premiums on vessels operating in Nigerian waters and the Gulf of Guinea, despite notable improvements in regional maritime security.

MARAN is rallying top-tier stakeholders from across the maritime sector, including: Adegboyega Oyetola, Minister of Marine and Blue Economy; Tantita Security Services Limited; Greg Ogbeifun, Maritime Industry Leader; Maritime Security Providers Association of Nigeria, MASPAN; Funke Agbor and Emeka Akabogu; and other  leading maritime lawyers

Chief Mrs. Chinwe Ezenwa, CEO of Lelook Bags

Terminal operators and representatives from:

Nigerian Trawler Owners Association (NITOA)

African Shipowners Association (ASA)

Shipowners Association of Nigeria (SOAN)

Nigerian Shipowners Association (NISA)

Confirmed speakers include Dr. Emeka Akabogu, Barr. Temisan Omatseye (former DG, NIMASA), and senior officials from NIMASA, the Nigerian Navy, and international maritime bodies.

🌍 Why MAMAL 2025 Matters

The lecture will convene over 500 participants, including shipowners, insurers, legal experts, regulators, and diplomats, to engage in strategic dialogue on:

The economic impact of EWRI on Nigerian trade

Maritime security advancements in the Gulf of Guinea

The role of classification societies and global insurance practices

Advocacy for fairer trade conditions and safer waters

MARAN President Godfrey Bivbere emphasized the importance of the summit, stating it will critically examine the classification of Nigerian waters as high-risk zones and the roles of key stakeholders in reversing this narrative.