Nigeria-bound vessels pay $620m war-risk insurance premium

The Nigerian Maritime Administration and Safety Agency (NIMASA) has alleged that the continuous high war-risk premium imposed on vessels operating in Nigeria has continued due to the influence of the international insurance sector cartel despite the easing in piracy on the country's waterways.The post Nigeria-bound vessels pay $620m war-risk insurance premium appeared first on The Guardian Nigeria News - Nigeria and World News.

Read More