Abandoned cargo: more than money at stake

Topic

Abandoned cargo is not a new challenge. Every year delivery delay or failure of the consignee to collect cargo results in substantial storage, container demurrage and container detention costs. These issues are also invariably complex and require expensive management time to resolve. While the costs associated with abandoned cargo can be substantial, the deadly blast in Beirut in August 2020, compounded by the revelation that there were dozens of hazardous abandoned containers also in the port, are a wake-up call for the ports and terminals, as well as the entire intermodal supply chain industry.

This webinar discusses 

• the causes and effects of abandonment of cargo, with particular focus on the risks faced by ports and terminals globally
• insights concerning the prevalence of risks faced from abandonment, especially in relation to Dangerous Goods
• mitigations that could be considered both operationally and from the perspective of governments/authorities

Speakers

Peregrine Storrs-Fox, Risk Management Director, TT Club, United Kingdom
Capt. Richard Brough O.B.E., Director, Brough Marine Limited, United Kingdom
Jens Roemer, Vice President and Working Group Seatransport Chairman, FIATA, Belgium
Bob Ahlborn, Vice President – Liner Operations, National Cargo Bureau, United States of America
Uffe Ernst-Frederiksen, Vice Chair, IVODGA, Denmark

Moderator

Mike Yarwood, Managing Director Loss Prevention, TT Club, United Kingdom