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Norway, Nigeria meet on maritime security as pirates return to Gulf of Guinea
The recent pirate attacks in the Gulf of Guinea (GoG) have raised fresh global concern about the resurgence of the menace that costs the region about $1.9 billion yearly financial loss.
3
Min Read
Insurers end war-risk cover for shipping across Russia, Ukraine and Belarus
The move comes as a result of reinsurers exiting the region in the face of heavy financial losses. However, Dryad Global believe that other war risk insurers will still be available to provide cover.
4
Min Read
‘Dark activities’ of Russian-linked oil tankers have doubled
Maritime intelligence firm points to rise in tankers switching off trackers for sanctions-busting transfers.
2
Min Read
High unemployment rate of Nigerian seafarers may fuel piracy attacks
Stakeholders in the maritime industry have warned that with over 70 per cent of Nigerian seafarers out of job, there could be a spike in piracy attacks in the nation’s waters.
3
Min Read
UK backs Lithuania’s plan to lift Russian blockade of Ukraine grain
Britain has backed in principle a proposal by Lithuania for a naval coalition “of the willing” to lift the Russian Black Sea blockade on Ukrainian grain exports.
2
Min Read
NIMASA allege sabotage of territorial water by other GoG member states
Nigeria seeks $1.4m to bring in security ship donated by South Korea to fight piracy amidst claims of continuous sabotage of Nigeria by member states in the Gulf of Guinea.
7
Min Read
Unique opportunities for foreign investors in the Niger Delta
Since the discovery of crude oil in Oloibiri, Nigeria’s present Bayelsa State in 1956 and its subsequent elevation as the main stable of the nation’s economy, there have been myriads of agitations in..
1
Min Read
U.S. Coast Guard train with Nigerian Navy on Maritime Law Enforcement
Twenty-four officers of the Nigerian Navy are participating in a four-week intensive U.S. Coast Guard Boarding Officer training program.
3
Min Read