by AIP Online Bureau | Aug 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The initiative has been operating in a trial phase for the past two weeks. Ten ships – stuck in Ukraine since the war started – have departed with corn, soybeans and sunflower oil and meal. Two empty vessels have traveled to Ukraine to collect shipments. The biggest...
by AIP Online Bureau | Jul 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Supply chains are already strained due to a surge in demand as economies rebound from lockdowns, pandemic disruptions at ports and a lack of new ships. If older vessels move into the slow lane as well, shipping capacity could take another hit at a time when record...
by AIP Online Bureau | Nov 14, 2021 | International News, Non-Life
Around 30 ships, including tankers, bulk carriers and a pipeline layer, have been detained by the Indonesian navy in the last three months and the majority have since been released after making payments of $250,000 to $300,000, according to two shipowners and two...
