by AIP Online Bureau | Apr 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Port of Baltimore ranks first in the United States for the volume it handles of autos and light trucks and farm and construction machinery, according to the state of Maryland. Most of that traffic has been suspended since the accident, though some terminal...
by AIP Online Bureau | Mar 13, 2024 | Indian News, Non-Life, Reinsurance, Risk Management
Reliance, in its chartering contracts, is offering tanker owners a flexibility to go via the Red Sea, a shipping route vital to east-west trade, or the Cape of Good Hope for safe transportation of the fuels to the buyer, shipping sources said Mumbai: Most of the...
by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Tankers heading to Europe or the Atlantic Basin are being forced by the Houthi threat to go around South Africa’s Cape of Good Hope, increasing journey lengths and costs, or use the Suez Canal, “with the risks involved and extremely high war risk insurance Shipments...
by AIP Online Bureau | Feb 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Many suppliers sign export deals on a cost, insurance and freight basis, making them responsible for any increases in freight and insurance costs New Delhi: Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having just lost...
by AIP Online Bureau | Jan 24, 2024 | International News, Non-Life, Reinsurance, Risk Management
According to Freightos, a cargo booking company, the cost of shipping containers from China to the Mediterranean Sea has more than quadrupled since late November WASHINGTON: Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have...
