by AIP Online Bureau | Jun 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Daily rates for a VLCC from the Middle East to China are currently quoted around $287,000, which is down from more than $500,000 shortly before the peace accord was announced.In contrast, rates for chartering smaller tankers have edged higher as the heavy...
by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The increase in Gulf producers’ ships going dark to sneak through undetected by Iran is at the heart of the rise in flows, coinciding with a period where the US has been helping ships navigate through the waterway. The recent volumes add to signs that the oil market...
by AIP Online Bureau | Dec 7, 2025 | Articles, Non-Life, Reinsurance, Risk Management, Technology
The recall by Airbus could well “set a major precedent” by signalling that space weather needs to be given more importance for aircraft safety Space weather in focus after Airbus fleet recall experts raise questions about solar flare theory Aerospace giant...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
by AIP Online Bureau | Feb 16, 2022 | Indian News, Non-Life, Technology
On fleet modernisation, Tata Sons Chairman N Chandrasekaran said, “We will upgrade our fleet. We will bring modernity to our fleet. We will bring a new fleet, we will expand our outreach. Mumbai: Tata group will make Air India financially fit, upgrade aircraft,...