MAAN is motivated by the strong desire to provide effective cost-effective alternatives for dispute resolution of maritime disputes in Nigeria through of arbitration proceedings and other ADR methods.
MAAN has been was organized to gather together members ready, willing and able to serve as arbitrators of disputes arising in business involving all aspects of maritime, energy and related activities.
Maritime Arbitrators Association of Nigeria is registered under part C of the Companies and Allied Matters Act (with amongst other objectives) the aim to advance and encourage professional knowledge of maritime arbitration in Nigeria and to ensure the development of Nigeria as a resource for arbitration in dispute resolution. MAAN was conceived by practitioners that have attained distinction and expertise in arbitration and maritime law in Nigeria. Following its conception and incorporation in 2005 its executive council has acted as a steering body for the establishment of the associations' ethos and structures. The council is committed to ensuring that MAAN maintains internationally accepted standards and best practices with local expertise. MAAN is borne out of the essential need to offer Nigeria as an alternative resource and venue following recent developments in the industry and the growing cost of arbitration in foreign countries and the pressure on the litigation system to deliver timely solutions.
It is a membership organization open to industry practitioners; service providers; consumers of arbitration services and all stakeholders at large. It maintains a roll of MAAN arbitrators and a list of MAAN experts/assessors individual experts who have shown an intention and preparedness to offer their services for effective dispute resolution- thus, making MAAN the only association of experts on Maritime Arbitration, in Nigeria.
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.
Mindful of the need for expeditious and efficient means of dispute resolution in commercial matters:-
1. To enlighten the general public and stakeholders in the maritime industry about arbitration and ADR as a viable alternative to litigation.
2. To promote the choice of the Maritime Arbitrators Association of Nigeria as the basis of arbitration in the Nigerian maritime industry and the international maritime community and to negotiate to seek language in contracts to include provision for MAAN Arbitration and MAAN Rules to apply as the preferred option for parties.