travel restrictions News

Fidelity Leads $2 Trillion Investor Group Seeking Seafarer Aid

Investors managing more than $2 trillion of assets are calling on world leaders to address the “unfolding humanitarian crisis at sea” where marine workers are stranded due to border closures and restrictions on movement imposed to contain Covid-19. The 85-member …

Passengers Spend Night on Baltic Sea Ferry That Ran Aground

HELSINKI — A Baltic Sea ferry with 331 passengers and a crew of 98 run aground in heavy storm winds Saturday in the Aland Islands archipelago between Finland and Sweden. Finnish authorities said there were “no lives in immediate danger” …

As Asia’s Tropical Storm Season Arrives, Grounded Airplanes at Risk of Damage

SYDNEY/TAIPEI — Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can’t be moved easily. Major airports in …

Silver Lining For Some: Virus Shutdown Boosts China P/C Insurers

HONG KONG/BEIJING — Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak — a sharp drop in car accident claims. Beijing’s efforts to contain the new coronavirus have included …