by AIP Online Bureau | Aug 25, 2026 | Eco/Invest/Demography, International News, Risk Management
In a post on X, United Nations Secretary-General Antonio Guterres said, “Conflicts in different regions are choking arteries of global trade & squeezing the global food system. Navigational rights & freedoms are vital for international peace &...
by AIP Online Bureau | Aug 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Traffic slowed further at the other major Middle East waterway, the Bab el-Mandeb strait.A total of 27 commodity vessels passed through Bab el-Mandeb on Wednesday, down from 32 on Tuesday, Kpler data showed.Some vessels may be sailing through the waterways with...
by AIP Online Bureau | Aug 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ships sailing through the strait need to pay an additional war risk premium to ensure they have insurance if their ship is damaged during transit. “Under the clause, insurers have no liability to indemnify any such payment and, where such a payment has been made, are...
by AIP Online Bureau | Aug 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Once such a precedent is established, it becomes increasingly difficult to resist similar measures elsewhere, creating uncertainty for international shipping and global commerce,” wrote the group, which included the International Chamber of Shipping, BIMCO, the World...
by AIP Online Bureau | Aug 5, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The report, said, “Crossings through the Strait of Hormuz reached 15 on August 3, down from a revised figure of 19 a day earlier,” based on data from S&P Global MINT and S&P Global Commodities at Sea. New Delhi: Shipping activity through the Strait...