by AIP Online Bureau | Dec 28, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
The scheme also includes a Credit Risk Coverage Framework, offering government-backed insurance for pre-shipment, post-shipment and vendor-default risks to improve project bankability and financial resilience New Delhi: The Ministry of Ports, Shipping and Waterways...
by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance
Greece’s shipping ministry warned on Sunday that the country’s owners should think twice about Hormuz transit and instead head to a safe port Two supertankers, each capable of hauling about 2 million barrels of crude, headed through the Hormuz shipping strait at the...
by AIP Online Bureau | Jun 20, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
According to think tank GTRI, any closure or military disruption in the Strait of Hormuz would sharply increase oil prices, shipping costs, and insurance premiums, triggering inflation, pressuring the rupee, and complicating India’s fiscal management. New Delhi:...
by AIP Online Bureau | Apr 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
The agreement, reached with the United States notably absent, is expected to be formally adopted at an October meeting to take effect in 2027. The IMO, which regulates international shipping, also set a marine fuel standard to phase in cleaner fuels Many of the...
by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
By using Russian insurers, Moscow can sell the oil above a $60 per barrel price cap that the Group of Seven (G7), the European Union and Australia imposed aiming to limit Russia’s oil revenue following its invasion of Ukraine. Over 60% of Russia’s seaborne...
