MIPS Conference
SEALING NEW PARTNERSHIPS FOR
DE-RISKING SHIPPING IN THE GULF OF GUINEA
July 21, 2022 | 9:00 AM – 4:00 PM | Eko Hotels & Suites, Victoria Island, Lagos
The Marine Insurance, Piracy, and Sea Robbery (MIPS) Conference jointly organised by
BusinessDay Media Limited and Nigerian Maritime Administration and Safety Agency
(NIMASA) will bring together stakeholders within the Maritime sector to discuss trends, and
developments in marine insurance, as well as strategies being applied in the combat
against insecurity in the Gulf of Guinea. This economically important coastline stretches from
Senegal to Angola and covers approximately 5,000 nautical miles.
For years, piracy in the Gulf of Guinea has posed a major threat to crews and vessels
operating in the region. It has also led to a spike in insurance rates charged vessels plying
the region. The domino effect of the insecurity is that the higher shipping costs are
transmitted to the domestic market, producing inflation, and countering efforts to grow
Nigeria’s Blue Economy.
To stem this tide, the Federal Government of Nigeria launched the Integrated National
Security and Waterways Protection Infrastructure, also known as the Deep Blue
Project, in June 2021. In less than a year, the initiative has led to a sharp fall in criminal
activities in Nigerian waters.
Among the topics to be covered at MIPS are:
on Nigeria-bound ships
adjudged high risk
safety in the Gulf of Guinea
Conduct, Lomé Charter, and the ECOWAS Integrated Maritime Strategy in
fighting piracy in GoG
European Union, etc.
Speakers
Dr. Bashir Yusuf Jamoh
DG,
NIMASA
Tayo Fagbule
Editor,
BusinessDay Media Ltd.
Frank Aigbogun
Publisher & CEO,
BusinessDay Media Ltd.
Mr. Dimowo Heaky
Director, Reform Coordination,
NIMASA
Representatives are expected from:
Agenda
Time | Activity | Duration |
---|---|---|
9:00 a.m. – 10:00 a.m. | Registration | 60 mins |
10:00 a.m. – 10:05 a.m. | National Anthem and Opening Prayers | 5 mins |
10:05 a.m. – 10:15 a.m. | Opening Remarks by CEO, BusinessDay | 10 mins |
10:15 a.m. – 10:45 a.m.
| Conference Co-Host Speech by Dr. Bashir Yusuf Jamoh, Director-General, NIMASA | 30 mins |
10:45 a.m. – 11:00 a.m.
| Speech by Nigerian Navy | 15 mins |
11:00 a.m. – 11:06 a.m. | Goodwill speech by Foreign Mission | 6 mins |
11:06 a.m. – 11:13 a.m. | Goodwill speech (1) by an Insurance Sector Stakeholders’ Association | 7 mins |
11:13 a.m. – 11:20 a.m. | Goodwill speech (2) by Maritime Sector Stakeholder Association | 7 mins |
11:20 a.m. – 11:40 a.m.
| Viewing of Documentary on War Risk Insurance and the Nigerian Economy produced by NIMASA | 20 mins |
11:40 a.m. – 11:50 a.m. | Speech by Federal Ministry of Transportation | 10 mins |
11:50 a.m. – 12:30 a.m. | Tea Break | 40 mins |
12:30 p.m. – 12:35 p.m. | Introduction to Afternoon Session by Mr. Dimowo Heaky, Director, Reform Coordination, NIMASA | 5 mins |
12:35 p.m. – 1:10 p.m. | Keynote Presentation | 35 mins |
1:15 p.m. – 2:10 p.m. | Panel 1 + Q&A Mutual Risk: The Challenges and Obstacles to Setting Up a P&I Club for African Shippers | 55 mins |
2:15 p.m. – 3:10 p.m. | Panel 2 + Q&A Stubborn Risk: Trends and Forecast for Marine Insurance in the Gulf of Guinea | 55 mins |
3:10 p.m. – 3:15 p.m. | Summary and Vote of Thanks by Mr. Tayo Fagbule, Editor, BusinessDay | 5 mins |
3:15 p.m. – 3:20 p.m. | Lunch | 5 mins |
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