by AIP Online Bureau | Sep 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
“To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted,” Adani said in the orders seen by Reuters. NEW DELHI: India’s Adani group has stopped accepting vessels that are sanctioned by...
by AIP Online Bureau | May 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The comments come as Baltic nations grow increasingly concerned about the activity of vessels that haul Russian barrels overseas, a key revenue source for the government in Moscow. They’re worried these ships could cause security breaches, damage power and internet...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Higher war risk insurance premiums, paid when vessels sail through the Red Sea, have meant additional costs of hundreds of thousands of dollars for a seven-day voyage for any ships still sailing through the area. Yemen’s Houthis will limit their attacks on...
by AIP Online Bureau | May 5, 2022 | Eco/Invest/Demography, International News, Policy
The bloc is proposing to ban European vessels and companies from providing services — including insurance — linked to the transportation of Russian oil and products globally as part of its new sanctions package, according to officials and a draft document seen by...
by AIP Online Bureau | Apr 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Ukraine exports almost all its commodities through Black Sea ports now blocked due to the Russian invasion. The government did not provide details of the insurance system but instructed the infrastructure ministry to develop a plan Marine fuel sellers have stopped...
