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Surging Iranian attacks on ships crossing the Hormuz, threatens recovery in Persian Gulf oil exports

Surging Iranian attacks on ships crossing the Hormuz, threatens recovery in Persian Gulf oil exports

by AIP Online Bureau | Oct 13, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Ministers of OPEC and non-OPEC Participating Countries in the Declaration of Cooperation said shipping and insurance costs have surged to unprecedented levels of over one-third of the commodity value, impeding efficient movement of crude oil and products. Iranian...
War in Ukraine escalates with drone strikes on cargo ships in Black Sea

War in Ukraine escalates with drone strikes on cargo ships in Black Sea

by AIP Online Bureau | Oct 6, 2026 | Eco/Invest/Demography, International News

They also reflect how the Black Sea is becoming an increasingly precarious corridor for agricultural trade, raising concerns over how crops from two of the world’s biggest exporters — Russia and Ukraine — will reach global buyers. Attacks on commercial vessels off the...
Ukraine may provide additional insurance cover for ships to revive seaborne food exports

Ukraine may provide additional insurance cover for ships to revive seaborne food exports

by AIP Online Bureau | Sep 16, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“The main challenge remains ensuring the safety of maritime transport and the stability of export corridors. The introduction of ship-insurance mechanisms was discussed,” the UCAB lobby group said in a report issued after a meeting with Ukraine’s president and prime...
Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

The scale of attacks from Russia and Ukraine on commercial ships and port infrastructure has increased sharply and may rise further, said Corey Ranslem, chief executive of maritime security group Dryad Global. Tankers and cargo ships are transiting the Bosphorus...
Surging Iranian attacks on ships crossing the Hormuz, threatens recovery in Persian Gulf oil exports

Stranded ships transiting the Strait of Hormuz:Lloyd’s List

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In a media briefing, Richard Meade, editor in chief of Lloyd’s List, said for the first time in 110 days, ships owned by major companies are transiting the strait after effectively being marooned there since February London:Major shipowners have begun moving vessels...
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