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Amid a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium batteries, international freight transport insurer TT Club is calling for increased vigilance to ensure a secure safety environment for the fast-developing supply chains of this increasingly common component.
Effective incorporation of standard trading conditions remains a fundamental business practice. Seeing them interpreted robustly by the courts in South Africa adds confidence.
Current geopolitical tensions have inevitably raised the stakes in general perception around security, as well as, tragically, huge displacement of the population of Ukraine. The sobering reality from experience is that criminals are quick to change their methods, exploit difficult situations and cause further human degradation.
Many newsfeeds currently are covering mass migration arising from the war in Ukraine, following the tragic pattern from other conflict zones over years and decades. The freight supply chain, however, continues to be exploited by layers of criminal barons facilitating the unfortunate 'underbelly' of economic migration.
Various sources of potential pest contamination exist throughout the global freight supply chain. Both national legislatures and multinational regulators are keen to minimise potentially devastating consequences to agriculture and the natural environment that unwanted invasive pests can deliver. All those involved in the movement of cargo internationally must heighten their awareness and tighten biosecurity measures.
On 15 March 2022 the EU adopted a fourth package of sanctions in response to Russia's military aggression against Ukraine
TT Club expands its series of TT Brief documents exploring various elements of warehousing risks
TT Club endorses an important warehouse whitepaper on 'storage and handling of Dangerous Goods in preparation for, or after, sea-transport' issued by four industry organisations.
We understand that the developments in Ukraine bring challenging and uncertain times for you, our Members and brokers, but also the industry as a whole and our thoughts go out to all those affected.
Sanctions against Russia as a result of the Ukraine crisis
The shocking events that are unfolding daily in Ukraine are truly dreadful, and the consequences of sanctions and restrictions will have numerous implications across the globe.
The original five partners of the Cargo Integrity Group are excited to welcome the Bureau International des Containers (BIC) and the International Federation of Freight Forwarders Associations (FIATA), strengthening the group in its efforts to improve safety in the global supply chain.