by AIP Online Bureau | Mar 11, 2026 | Indian News, Regulation, Risk Management
Advisories have been issued by DG Shipping directing all Indian flag vessels and Indian seafarers to adopt enhanced security measures and strictly comply with reporting protocols, including submission of real-time details. New Delhi: As many as 28 Indian vessels with...
by AIP Online Bureau | Mar 5, 2026 | Indian News, Non-Life, Policy, Reinsurance
U.S. President Donald Trump has ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf. New Delhi:India is in talks with the United States to secure marine cover for...
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...