by AIP Online Bureau | Jun 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
Nearly 30 percent of global oil and a third of the world’s LNG (liquefied natural gas) passes through the strait daily and its closure would immediately reduce global supplies triggering a spike in prices New Delhi: Any blocking or disruption of traffic through...
by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, Indian News, Policy
Country’s ship reporting system is in place to monitor any incidents. The freight and insurance rates are also being closely monitored New Delhi: According to the Commerce Ministry sources, the Commerce Secretary held a meeting with stakeholders from shipping and...
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 | May 1, 2025 | Eco/Invest/Demography, International News, Reinsurance, Risk Management
The use of zombie tankers allows dark fleet operators to circumvent restrictions on transporting oil. The ruse is gaining attention within the maritime community, which has long tracked the emergence of a parallel system, including operators, insurers, traders and...
by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The scope of potential retaliation is evolving as the trade war focus shifts to China. This raises the risk for other sectors like technology, agriculture, gaming and autos as some casinos and original equipment manufacturers have licenses or joint ventures in China,...
