by AIP Online Bureau | Feb 9, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The exporting community has urged the commerce ministry to intervene in freight rates as the shippers are charging huge amounts.High freight rates are impacting the exporting community. We are at dis-advantageous position as compared to countries which are not getting...
by AIP Online Bureau | Feb 4, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
Minister of State for Commerce and Industry Anupriya Patel said that Indian Navy has substantially enhanced maritime surveillance efforts in central/north Arabian Sea and augmented force levels. For effective surveillance of EEZ (exclusive economic zone), Indian Navy...
by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Cargo from India, Thailand, South Korea and China has been sent by trucks in recent weeks, Fridman said. Goods destined for Asia are also moving in the opposite direction, helping lower overall costs, Hanan Fridman,CEO,Trucknet Enterprise said An Israeli software...
by AIP Online Bureau | Jan 29, 2024 | Eco/Invest/Demography, International News, Risk Management
The Suez Canal, a critical waterway connecting the Mediterranean Sea to the Red Sea, handled approximately 12% to 15% of global trade in 2023. UNCTAD estimates that the trade volume going through the Suez Canal decreased by 42% over the last two months Geneva: The...
by AIP Online Bureau | Jan 28, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The Shanghai Northern Europe container freight rates have risen by over 300 per cent to USD 6,000-7,000/TEU) since November 2023 The impact of the ongoing crisis around the Red Sea shipping route, which accounts for 50 per cent of the country’s exports and 30...
