by AIP Online Bureau | May 27, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
“Although recent sanctions are making it harder for these vessels to trade, the shadow fleet continues to pose a serious risk to maritime safety and the environment, as many are likely to be older vessels that are poorly maintained and inadequately insured. In case of...
by AIP Online Bureau | Jun 21, 2024 | International News, Non-Life, Reinsurance, Risk Management
Insurance industry sources said on Wednesday there was also mounting concern over the use of attack drone boats by the Houthis Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on...
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...