by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Around 200 ships, including oil and liquefied natural gas tankers as well as cargo ships, remained at anchor in open waters off the coast of major Gulf producers, according to Reuters estimates based on ship-tracking data from the MarineTraffic platform. More tankers...
by AIP Online Bureau | Mar 6, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
A review of shipping signals have confirmed only two commercial transits in the past 24 hours, the Joint Maritime Information Center said in note on Friday. Those crossings were cargo ships rather than oil tankers, according to the multinational naval advisory group...
by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
“Given the challenging maritime security environment, rates have increased from levels that owners and charterers will be used to.The cost will vary depending on the vessel type, cargo and routing, however marine insurers are very much continuing to provide cover and...
by AIP Online Bureau | Mar 5, 2026 | Indian News, Non-Life, Policy, Reinsurance
U.S. President Donald Trump has ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. New Delhi:India is in talks with the United States to secure marine cover for...
by AIP Online Bureau | Mar 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Lloyd’s is engaging constructively with the U.S. Development Finance Corporation and relevant stakeholders, with a clear focus on ensuring that the Lloyd’s market continues to lead as the global center of excellence for war risk insurance,” a Lloyd’s spokesperson...
