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Maritime Safety: New risks and challenges for Shipping Industry

Maritime Safety: New risks and challenges for Shipping Industry

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...
Industry urges action in Red Sea to stop attacks on merchant shipping by Houthis

Industry urges action in Red Sea to stop attacks on merchant shipping by Houthis

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...

Shipping industry steps up calls to free seafarers still trapped by Russia’s war

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...

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