Section 20 Admiralty Jurisdiction Act 1991 & Arbitration Clauses in Maritime Agreements
Maritime contracts, such as bills of lading, charter parties, and memorandum of agreement for sale of ships, usually have clauses empowering parties to settle their disputes by arbitration in different jurisdictions around the world.
The National Maritime Authority (NMA), predecessor of NIMASA, was established by the Shipping Policy Decree of 11 May 1987, and was supervised by the Federal Ministry of Transport. Its mandate was to ensure orderly development, protection and manpower training in the shipping industry.
