Lawyers need practical knowledge of maritime trade to resolve disputes effectively — Igbokwe

According to him, developments in the maritime sector now affect every aspect of the industry, including shipping, ports, terminals, cargo, finance, insurance, regulation and dispute resolution, creating both new responsibilities and opportunities for stakeholders.

He noted that with continuing supply chain disruptions, growing concerns over port efficiency, maritime security and trade facilitation, as well as emerging opportunities in the blue economy, legal practitioners must understand how contracts, insurance, trade finance, port operations, regulatory compliance and dispute resolution function in practice.“Across the world, maritime trade is being reshaped by new regulations, shifting commercial practices, disruptive technologies, environmental obligations and increasingly complex risk profiles,” he said.