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If you would prefer to listen to these articles and hear our latest interview discussions head over to TT Live.
03/11/2020
Whether for bulk handling or container operations, the quayside crane is critical for performing ship to shore services. This vital tool is also vulnerable to significant damage when impacted by a ship during berthing. While relatively low frequency, such incidents carry high consequence in direct damage, business disruption and potential for injury.
This first instance judgment in relation to a charterparty dispute has the potential to spawn a range of liability exposures that could reverberate through the complex network of supply chain contracts. Most particularly the reasoning may expose ports and terminals in non-liner trades.
Analysis of TT Club's claims experience continues to highlight the vulnerability of quay cranes, other handling equipment and containers to major weather related incidents at marine terminals. Despite the large mass, it is not uncommon for these cranes to be blown along the crane rails, potentially into other equipment or toppling over, giving rise to extensive damage.
27/10/2020
Recognising the complexities and the uncertainties that the upcoming consequences of Brexit will bring for all stakeholders in the UK and EU, international freight transport insurer, TT Club has launched a Brexit webpage resource in an attempt to bring clarity.
The leading international freight transport and logistics insurer, TT Club has drawn attention to action required to reduce perishable cargo losses and refrigerated container failures and damage.
New report highlights country's ongoing vulnerability to cargo theft as well as the trends during the first half of 2020.
Coinciding with the international launch of 'CTU Code - a quick guide', the Safe Container Loading Practices and Heavy Vehicle Safety campaign was launched in Australia, following an award of government funding. While the emphasis is on road safety in Australia, the messages are consistent with those of the Cargo Integrity Group.
TT Club has been at the heart of a long-term campaign to increase awareness of good cargo packing practices, both as part of responding to incidents and through speaking at industry events. These efforts are now galvanised in the 'Cargo Integrity Group'.
TT Club has appointed Abdul Fahl to take up the role of TTMS (Gulf) Director. The move follows the return to London from Dubai of Julien Horn who will continue in the position of Portfolio Underwriter for the Middle East, Eastern Med and African region and reiterates the TT's long-standing commitment to provide insurance solutions and unique support for its regional Membership and brokers.
08/09/2020
The curse of cargo theft continues to impact stakeholders in the supply chain. Analysis of incidents, increased data sharing agreements, collaborations and widespread dissemination of findings, all serve to improve understanding of the underlying risks.
08/09/2020