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In collaboration with UK P&I Club, TT Club has developed a new StopLoss publication which considers the risk exposures associated with the transport of temperature controlled cargo through the global supply chain and provides guidance as to how to avoid losses.
15/01/2019
This January sees a new Amendment to the International Maritime Dangerous Goods (IMDG) Code released, Amendment 39-18, entering its transitional year before being mandated from 1 January 2020.
The judgment in 'MSC Flaminia' found that extensive information available concerning the stability of the commodity was ignored and not disclosed to the carrier. "Disaster was foreseeable result".
Much can be learnt about the logistics industry - in terms of complexity, practices and expectations - from the 'MSC Flaminia' judgment analysing and establishing the responsibilities in this casualty.
15/01/2019
There are known issues relating to aluminium dross, being an example of waste/recycling streams that are now carried in containers. Not a frequent issue, but another where a 'perfect storm' may expose issues.
There may be many circumstances where a bill of lading issuer is asked to deliver cargo without original documents being produced; take extreme care.
26/11/2018
In conjunction with BSI Supply Chain Services and Solutions, TT Club has launched the first joint 2018 Semi-Annual Global Cargo Theft Intelligence and Advisory Report. The report demonstrates their shared goal ofr educating the transport and manufacturing sectors about dynamic cargo theft risks.
BSI Supply Chain Services and Solutions and leading international transport and logistics insurer, TT Club launch the first joint 2018 Semi-Annual Global Cargo Theft Intelligence and Advisory Report. The report brings together threat and intelligence data from BSI's supply chain security country risk intelligence tool, SCREEN and TT Club's insurance risk management and loss prevention insights.
In a global supply chain it is not possible to retain control over every aspect of the transaction. Hence, it becomes important to carry out due diligence to ensure those to whom you entrust certain elements do so appropriately.
The International Maritime Organization's (IMO) latest meeting of the Sub-Committee on Carriage of Cargoes and Containers (CCC) takes place in London this week and the international freight insurance specialist, TT Club is calling for more urgent action on issues pertaining to the safety of container transport.
Using the appropriate modal regulations or convention, the shipper/consignor is responsible for correctly classifying any item that is to be transported. In many instances, reliance has to be placed on the manufacturer to provide reliable data so that the carrier is adequately alerted and may respond appropriately in an emergency.
04/09/2018
Sources suggest that container fires may occur on a weekly basis and statistics indicate there is a major container cargo fire at sea roughly every 60 days. Tackling fires and subsequent investigations are complex activities.