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Hormuz half-open: tanker fleet prices in recovery hope

Hormuz half-open: tanker fleet prices in recovery hope

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...
Dark fleet expands amid Hormuz tensions

Dark fleet expands amid Hormuz tensions

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...
Airbus Fleet Recall: Space weather in focus

Airbus Fleet Recall: Space weather in focus

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...

UK expands sanctions against Russian oil fleet and its insurers

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...
Tatas to bring in new fleet for Air India: Chairman

Tatas to bring in new fleet for Air India: Chairman

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,...

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