by AIP Online Bureau | Apr 22, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life
Russia has strongly signaled that it will not allow the Ukraine Black Sea export deal – agreed in July last year – to continue beyond May 18 because a list of demands to facilitate its own grain and fertilizer exports has not been met. A deal allowing the...
by AIP Online Bureau | Apr 10, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
While Russian food and fertilizer exports are not under sweeping Western sanctions, Moscow says restrictions on payments, logistics and insurance industries are a barrier ANKARA: Russia on Friday threatened to bypass the UN-brokered grain deal unless obstacles to its...
by AIP Online Bureau | Mar 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Russia’s high dependence on insurance from G-7 and European countries for shipping oil means the price-cap coalition has strong leverage,” Meri Pukarinen, Europe-Russia policy officer at the Helsinki-based Centre for Research on Energy and Clean Air, said by email....
by AIP Online Bureau | Mar 18, 2023 | Eco/Invest/Demography, International News, Non-Life
The cost to use fuel tankers has skyrocketed since the EU ban, as ships enter the dark fleet and become unavailable — and uninsured by European maritime service providers — for regular trade routes, such as moving gasoline from Europe to New York. First, a small...
by AIP Online Bureau | Feb 24, 2023 | International News, Non-Life, Reinsurance
In the weeks after the war began, some 2,000 crew members were caught in the crossfire on ships in the Black Sea and the Sea of Azov. Safe corridors helped reduce that number in the months that followed. But the total remaining stands at an estimated 331 seafarers on...
