by AIP Online Bureau | Apr 28, 2026 | Eco/Invest/Demography, Indian News
“In the past 24 hours, there were certain incidents of firing on the foreign-flag vessels. Although none of the Indian vessels came under fire, we are worried for the Indian seafarers on these vessels,” Additional Secretary, Ministry of Ports, Shipping and...
by AIP Online Bureau | Apr 7, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Maritime war risk insurance premiums have surged as much as 1,000% in some cases, as the Middle East conflict heightens risks to shipping through the region. The spike in premiums has sharply raised costs for shipowners, traders and energy firms moving cargo through...
by AIP Online Bureau | Mar 11, 2026 | Indian News, Regulation, Risk Management
Advisories have been issued by DG Shipping directing all Indian flag vessels and Indian seafarers to adopt enhanced security measures and strictly comply with reporting protocols, including submission of real-time details. New Delhi: As many as 28 Indian vessels with...
by AIP Online Bureau | Mar 2, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than half of the world’s largest maritime insurance clubs have also now scrapped war-risk insurance for vessels entering the Gulf Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have all but closed...
