Tag: maritime security

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Nordic Marine Insurance Plan: Information between marine and war perils

In the latest revision of the Nordic Marine Insurance Plan, it was agreed to restrict the war risk cover to politically motivated interventions, with state interventions falling outside the war risk cover included in the marine insurance cover. The 2019 revision of the NMIP was approved by all parties and the document was published for use by insurance practitioners. The amendments in the 2019 version vary from small clarifications in clauses to more substantial re-writing of individual clauses.

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Nigerian navy reports 34 oil theft pirate attacks in 2018

According to the Nigerian Navy, thirty-four pirate ship attacks were reported in 2018, stating that evasive manoeuvre from the legal regime have been the bane in the fight against oil theft prosecution. From January to December 2018, from the 34 reported pirate attacks, the 9 were successful, whereas the 25 were unsuccessful; 20 sea robbery attacks were reported in 2018, with 6 having success, in comparison to 14 being unsuccessful.  

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Militia releases Singaporean Aframax tanker

Eastern Pacific aframax tanker Barents Sea, that was seized by private military with k-47 machine guns in Cameroon on February 2, has been released. The 26 crew on board are reported safe and unharmed. According to the company, the vessel was unlawfully seized by the private militia armed with AK-47s last week at the Sonara Refinery in Limbe. The ship has now completed cargo discharge and departed the port of Limbe. 

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