TT Club Sponsor The Loadstar Podcast: VGM

The Lloyds List Global Awards took place on Wednesday 28th September at the prestigious National Maritime Museum in Greenwich, London. In his opening speech, Richard Meade, managing editor of Lloyd's List said 'The Lloyd's List award series are about bringing our business community together. It's about celebrating our combined achievements, but it's also about recognising the transformation that is happening across our businesses.

Peregrine Storrs-Fox, Risk Management Director at TT Club, discusses the risks faced by licenced customs brokers and mitigation steps to take:

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.

Safety aspects of the way in which cargo is packed and transported in unit loads across the global supply chain continue to be the focus of opportunities for improvement. During a session of the Intermodal Europe Conference in Amsterdam today, four industry organisations representing different sectors of the supply chain have been drawing attention, in particular, to the responsibilities of container owners and operators in providing equipment that is fit for purpose and properly packed with cargo as set out in the CTU Code.