TT Club has previously reported on incident experience whereby containers have dropped from lifting equipment during handling operations. Recurrence appears, as previously, to have nothing to do with the intrinsic quality of the corner castings. The reliability of the lifting process is critical.
TT Club, a leading international insurance provider specialising in the cargo handling sector and an Associate Member of the British Ports Association (BPA) has prepared a short paper for UK ports and terminals to consider as part of their risk assessment and management plans during the COVID-19 outbreak.
TT Club warns of persistent ‘stowaway’ risk
The smuggling of people has unfortunately become a major issue in certain parts of the world. Political imperatives in target countries have led to stricter immigration restrictions and increased government action. International clandestine migration has become a persistent threat to the unitised supply chain.
TT Talk - Wildlife crime update
A previous article highlighted the exploitation of the global transport network by wildlife traffickers and the threats posed to the sector, including to human health and security. Here we revisit this important topic, considering wider risks associated with wildlife crime and their impact on the legitimate supply chain.
Uncollected cargo has long been a challenge for stakeholders in the supply chain. Notwithstanding the attention, debate and advice around the topic, it remains at the forefront of logistics operators' minds. Every year the delay or failure of the consignee to collect cargo results in substantial storage, demurrage and detention costs. Such issues are invariably complex and require expensive management time to resolve.
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.
While many of the Western consumer economies tentatively explore the easing of social restrictions, the global supply chain environment remains significantly disrupted and operators continue to face many challenges. International freight insurer, TT Club seeks to guide them with advice for turbulent times.
TT Talk - COVID-19: wake up to fatigue risk
There is probably a common expectation that the supply chain operates 24/7 on pretty much a global basis. Such a commercial reality usually requires shift work and a workforce operating during unnatural hours – something that is only accentuated in our ‘global village’ with the requirement to provide a service across time zones.
Effective communications are the lifeblood of every relationship, whether personal or corporate. In the global supply chain, this inevitably extends to every counterparty, including those with differing interests, cultures, languages and time zones. COVID-19 has made life exponentially more complex.
Despite being designated as essential services in many countries, in accordance with local government and World Health Organization (WHO) guidance, many businesses within the global logistics sector have had to change their work practices. In some cases, this includes leaving premises unoccupied for an extended, indefinite period.
As consumer demand and manufacturing production slows in many parts of the world, cargo, either in containers or stripped from transport units, is building up in warehouses, port terminals and inland depots. International freight and logistics insurer, TT Club warns of the additional risk this is bringing operators.
In these extraordinary times, on behalf of the Chairman, the Board of Directors and the management team we wish all Members and their brokers, and their families and friends good health through this pandemic crisis. This is a very difficult time for all Club Members and the Club will do what it can to assist as you strive to manage your businesses.