Oil producer wants to cut the cost of additional war risk cover off its coasts owing to piracy and kidnap threats ...

The Nigerian Maritime Administration and Safety Agency (NIMASA) says Nigeria paid over $1.5 billion in war risk insurance ...

Despite the reduction in piracy attacks in the Gulf of Guinea, importers paid $1.5bn as war risk insurance premiums on ...

The Nigerian Navy said its troops deployed for Operation DELTA SANITY II deactivated over 11 illegal refining sites and seized six boats laden with products in February 2025. The troops arrested ...

Two specialist UK-based maritime law firms have merged to allow the new business to handle more complex cases and compete ...

War Risk Insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria.

War risk insurance (WRI ... Over the past five years, NIMASA, in collaboration with the Nigerian Navy, has led an unprecedented crackdown on piracy in the Gulf of Guinea, earning global ...