Nigeria to Remain on Insurers’ Riskiest Waters List Despite Plea
Photographer: Qilai Shen/Bloomberg
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Nigeria will remain on a list of the world’s riskiest waters that insurers rely on to determine how much to charge ships traveling to different countries, even after the government asked to be removed.
The West African nation borders on an expanse of the Atlantic Ocean called the Gulf of Guinea that’s become the most perilous part of the globe for sailors. Last year, 95% of the 135 seafarers seized worldwide were kidnapped in the gulf, in 22 separate incidents, according to data from the International Maritime Bureau. Hostages are usually taken to Nigeria, where ransoms are negotiated.