by AIP Online Bureau | Jan 28, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“Freight costs have soared to USD 400-500 per 20ft container and USD 600-700 for 40ft container shipments to the UK,” Debojyoti Basu, vice-president of the Calcutta Customs House Agents’ Association Kolkata: Exports from Kolkata port, a gateway to...
by AIP Online Bureau | Jan 8, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
Higher global freight and insurance rates, possible upside risk to oil and global trade and re-emergence of potential supply chain would mean cost push inflation pressures New Delhi: India may see around $30 billion shaved off its total exports in the current fiscal...
by AIP Online Bureau | Dec 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
New Delhi may consider an alternate route along Africa for shipments of basmati rice if attacks by Yemen’s Houthi group persist, which could lift prices by about 15% to 20%, the source added New Delhi: India’s exports face a shortfall of about $4 billion...
by AIP Online Bureau | Aug 26, 2022 | International News, Non-Life, Policy, Reinsurance
While Russian coal miners started re-directing volumes to Asia long before the ban came into force, the shipowners typically reinsure their risks with bigger providers that can no longer cover such exports. The companies are looking at other options, but those will be...
