01/07/2016
These FAQs relate to new mandatory rules, effective from 1 July 2016, concerning the requirement for shippers to verify the gross mass of a container carrying cargo.
30/06/2016
With the effective date of the container weighing regulation, known as Verified Gross Mass (VGM), at hand, the freight insurance specialist TT Club is accentuating the positive and assures the industry that help remains available. The mutual insurer, which sees VGM as one of the key safety measures for container operations worldwide, has published a pithy, user-friendly summary for all those involved.
27/06/2016
Today, the World Shipping Council (WSC), the TT Club, the International Cargo Handling Coordination Association (ICHCA), and the Global Shippers' Forum (GSF) jointly released a second Frequently Asked Questions (FAQ) document...
15/06/2016
New 'Guidelines for the Carriage of Calcium Hypochlorite in Containers' are intended to allow the carriage of calcium hypochlorite under controlled circumstances, to ensure that it is properly declared, packaged, packed and carried.
The explosion at Tianjin Port last August should be seen as a spectacular example of why those operating throughout the global supply chains should examine their work practices and risk policies more thoroughly.
08/06/2016
Industry sentiment expressed at the ICHCA Seminar entitled 'SOLAS VGM One Month Out - Are You Ready?' held in Antwerp last week, was one of frustration. Less than 15% of the IMO Member States in which VGM regulations will be mandatory have issued guidelines on the manner in which they intend to enforce the regulation.
06/06/2016
The Loadstar Podcast May edition focuses on the work being undertaken in the UK with shippers, forwarders and ports, all preparing for the rapidly approaching legislation deadline. A round table discussion with DP World Southampton's commercial director, Aart Hille Riis Lambers, TT Club's Peregrine Storrs-Fox and BIFA policy and compliance manager Robert Windsor.
26/05/2016
TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2015, maintaining its A- (Excellent) rating by agency AM Best for the 10th consecutive year.
The IMO has issued a Circular to all Member States and the transport industry this week in order to assist the implementation of the VGM amendment to SOLAS, which comes into effect on 1 July. TT Club welcomes the move, noting that governments have also been urged to engage with the industry in their jurisdictions to assist with compliance and to share best practice with other national authorities.
12/05/2016
Kimberlee Baxter and Markus McMillin from Thomas Miller's San Francisco office and Andrew Morgan from Chelsea Risk Management in San Francisco along with Robert Kempkens from Thomas Miller's London office went down to Panama 3 - 6 May 2016 for a Claims Review with long-time TT Club Member SSA.
10/05/2016
The impending mandatory enforcement of verified gross mass (VGM) for all packed containers as a pre-condition to loading on board a ship is - at last - concentrating minds and energy towards implementation. The concern must be that too little time has been left to preclude trade problems in the immediate aftermath of 1 July 2016.
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