Cosco may be the first casualty in what will be a long and costly shipping war. China Cosco Shipping, part of the state group that operates the world's biggest fleet by tonnage, reported on March ...
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The Punch on MSNNigeria to save $400bn annually by abolishing war risk insurance – NIMASAThe Nigerian Maritime Administration and Safety Agency says Nigeria paid over $1.5 billion in war risk insurance premiums to international insurers in the past three years.In a statement on Friday, ...
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The Punch on MSNImporters pay $1.5bn war risk premium despite reduction in piracyDespite the reduction in piracy attacks in the Gulf of Guinea, importers paid $1.5bn as war risk insurance premiums on Nigeria-bound cargoes in the last three years, The PUNCH reports.This came as ...
Houthi leader Abdul Malik al-Houthi said his militants would continue to target American ships in the Red Sea as long as the ...
Shares of container shipping giants Moller-Maersk (OTCPK ... Norwegian investment bank ABG Sundal Collier says the escalating trade war is negative for containers and dry bulk, according to ...
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