The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Administration (MSA) following the explosion incident involving the vessel "YM Mobility" on August 9, 2024, at Ningbo-Zhoushan Port.
There is a certain mystique concerning ‘force majeure’ and similar clauses that seek to set out the circumstances under which a party to a contract may cease to perform its obligations
Prompted by the recent spate of container ship fires, TT Club has stressed the greater need for all players in the global supply chain to recognise their responsibility for accurate and effective communication between all parties for the transport of dangerous goods
While the volumes of containers lost at sea fluctuates year on year, typically influenced by the more severe of weather conditions, the challenge is persistent.
Loss due to theft is among the top three causes of claims received on an annual basis by the international freight and logistics insurance specialist, TT Club.
An English court decision where a subcontractor of the bill of lading carrier was able to exercise positive rights against a shipper who had taken proceedings and secured judgment in a jurisdiction other than what was specified in the jurisdiction clause in the bill of lading.
