TT Club to Present a Way Forward in the Search for a Safer Supply Chain
The Global Liner Shipping Conference to be held over the next two days in Hamburg provides a good opportunity for international freight transport insurer TT Club to continue with its mission to improve the poor safety conditions presently afflicting the shipping of hazardous materials
London & Hamburg, 14th May, 2019
TT Club’s Risk Management Director, Peregrine Storrs-Fox will join with Craig Neame, Partner in global law firm HFW in suggesting a path to improved safety amid the complexity of a container supply chain currently experiencing a serious ship fire, on average every sixty days.
“A lack of understanding of regulations and good practices in the classification, packing and declaration, handling and transport, of dangerous goods pervades all stakeholders within the multimodal environment, through which such high volumes of containers move around the world,” comments Storrs-Fox. “Increasing awareness of the risks involved in the freight supply chain, strengthening training in good practices and engendering compliance through appropriate enforcement will not be achieved quickly but are tasks that must be faced. TT Club welcomes the challenge as part of its Cargo Integrity campaign and encourages all in the industry to weigh in.”
At the Conference Craig Neame will outline some of the incendiary incidents that have occurred not just at sea but also in terminals and at berths, both locally in the port of Hamburg as well as around the world. Consequences of dangerous mishandling can range from explosions, fires and gas clouds to serious injury, loss of life, cargo and assets.
Storrs-Fox will suggest some solutions that are already being employed and the direction that others might take. These will include the Hazcheck Portalˡ, which seeks to bring information on transport restrictions and regulations together in one place, Cargo Patrol, an attempt to identify undeclared and misdeclared dangerous goods before they are shipped on board and the potential of blockchain technology to eliminate errors in data transmission and interpretation.
Full details of the Conference Agenda over Tuesday and Wednesday 14th and 15th May can be found here Global Liner Shipping
Notes to editors
About TT Club
TT Club is the international transport and logistics industry's leading provider of insurance and related risk management services. Established in 1968, the Club's membership comprises ship operators, ports and terminals, road, rail and airfreight operators, logistics companies and container lessors. As a mutual insurer, the Club exists to provide its policyholders with benefits, which include specialist underwriting expertise, a world-wide office network providing claims management services, and first class risk management and loss prevention advice.
HFW is a leading global law firm in the aerospace, commodities, construction, energy, insurance, and shipping sectors. The firm has more than 600 lawyers, including 180 partners, based in offices across the Americas, Europe, the Middle East and Asia-Pacific. HFW prides itself on its deep industry expertise and its entrepreneurial, creative and collaborative culture.
+44 1737 248300
You may also be interested in:
A number of container lines have recently announced measures to discourage shippers from mis-declaring hazardous cargoes, which is a practice strongly suspected as being either the cause of, or at least contributory to, the spate of container ship fires in recent months.
The recent reports of container ship fires has once more focussed those in the container supply chain on safety issues related to the incorrect processing of dangerous goods. The nascent Cargo Integrity campaign initiated by the international transport and logistics insurer, TT Club has as a consequence gained renewed impetus.
TT Club Advises Transport Operators on their Liabilities as a Consequence of the Coronavirus
Insurance provider, TT Club, is advising on the potential unforeseen exposures that may accrue in the face of the coronavirus outbreak - on top of the challenges already being experienced moving freight to and from China.
The target of 50% of all bills of lading to be electronic within the next decade has been set by the Digital Container Shipping Association (DCSA) in an announcement made last week. The international freight transport insurer, TT Club welcomes the commitment by the group of container shipping lines that together operate nearly 70% of the world's capacity.