Challenges of Shipping Companies on Registration of Vessels in Panama and Nigeria: The way forward
Keywords:
Ship registration, Vessels, Shipping companies, Nigeria, PanamaAbstract
Globally, most ships engage in carriage of goods in furtherance of international trade.
Furthermore, due to the fact that ships belong to different Nationalities, there is need for their
registration for identification purposes. This paper evaluates the regime of ship registration in
Panama and difficulties faced by shipping companies in terms of registration of vessels in Nigeria
and the attendant legal challenges in both jurisdictions. It observed some lessons Nigeria could
learn from the ship registry of Panama. It calls for a review of some of the shipping registration
laws of Nigeria as a way of advancing its economic development.
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Published
2023-11-07
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