18/06/2014
In a speech given to the Trans Middle East Conference in Qatar in May, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club, called for operators to do more to minimise the causes of incidents resulting in bodily injury, cargo and property damage
16/06/2014
In a speech given yesterday at the ASEAN Ports & Shipping Conference in Jakarta, Phillip Emmanuel, Regional Director Asia-Pacific of the freight transport insurance specialist TT Club, called for operators to do more to minimise preventable accidents that result in bodily injury, cargo and property damage
03/06/2014
For the unit load industry, the IMO's twin approval of amendments to Safety of Life at Sea Convention (SOLAS) for the verification of gross mass of containers and the IMO/ILO/UNECE* Code of Practice for packing cargo transport units (CTU Code) are welcome and important; the next mountaintop is now in sight.
At the recent Multimodal event in Birmingham, UK, an interesting round table discussion entitled 'Correct packing and accurate weighing - towards safer container transport' considered the amendments to SOLAS concerning the mandatory supply of the verified gross mass of containers and the impact of the introduction of the IMO/ILO/UNECE* Code of Practice for packing cargo transport units (CTU Code).
21/05/2014
The TT Club, the leading international transport, freight and logistics insurance provider, has appointed Robert Kempkens as claims director. Based in London, he will be responsible for overseeing global claims handling for the TT Club.
16/05/2014
The TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2013, maintaining its A- (Excellent) rating by agency AM Best for the 8th consecutive year.
12/05/2014
Having experienced the consequences of mis-declaration, and poor and incorrect cargo packing throughout its history, the TT Club thoroughly welcomes the international attention towards improving practice through the supply chain.
Shipping Containers have been the target of thieves since they first started circling the globe with many shipping lines conceding through gritted teeth that an amount of 'natural wastage' or 'mysterious disappearance' is an inevitable part of doing business in certain areas of the world.
02/05/2014
News of settlement of a particularly nasty road accident in the US is a timely reminder that ship operators continue to be exposed to extreme liabilities, even where they have largely divested themselves of chassis fleets.
Returning to the topic of trade terms covered in TT Talk 178 in September 2013, this article aims to clarify the concepts of risk and property (or title to the goods) and explain how the use of the Incoterms® affects the transfer of risk and property. Further, the article sets out how the transfer of risk in intrinsically linked to the issue of who can sue for loss or damage to goods.
08/04/2014
The overwhelming majority of insurance claims analysed by TT Club have showed that costly damages and loss, as well as serious bodily injury can be prevented or significantly minimised by sensible and concerted risk management efforts.
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