Seminar for Tranport Operators, Ports & Terminals

  • Location: Odessa, Ukraine
  • Date: 18/05/2017

Freight insurance specialist TT Club and its long-standing partner in Eastern Europe, Panditrans recently held a Seminar in Odessa to highlight the challenges of liability risk facing regional transport operators and to explore solutions to minimise such exposure.

See full press release here.

  • Limits of TO’s liability for international and domestic transits was addressed by Alexander Petrenko of Panditrans, giving a basic outline of the applicable laws and conventions and allowing the transport operators to review the fundamentals of their liabilities.
  • The consequences of a force majeure situation and the liability for TOs that accrue were explained by Artyom Volkov of the Odessa-based law firm, ANK. 
  • The particular case of the Hanjin insolvency was considered by TT Club’s London-based Regional Director, EMEA, Kevin King.  The industry’s experience was carefully examined and the lessons learned emphasized. 
  • Drawing on Panditrans’ considerable claims experience and referencing many case studies, Kirill Berezov took the delegates through the whole range of types and causes of TO liability.  This was a core element of the whole Seminar, underlining the critical nature of a thorough understanding of liability that forwarders must have in order to protect themselves from unforeseen risk.
  • Turning to one of TT Club’s current safety campaigns, Kevin King outlined the necessity for a greater understanding of how containers and other cargo transport units (known as CTUs) should be correctly packed at origin.  TT Club is actively promoting the implementation of the IMO-backed CTU Code and Kevin gave a number of examples of how failure to abide by its guidelines can cause cargo damage, injury and even loss of life.
  • Sergey Shandra from Panditrans, Odessa and Artyom Volkov from ANK gave valuable advice on a very hot topic for Ukrainian transport operators, that of Uncollected Cargoes. Many TO’s in the region have such cases outstanding with Chinese and Indian consignees.
  • The regularly contentious issues arising from Bill of Lading questions were looked at by Artyom Volkov of ANK
  • Another very topical issue, that of Uninsured Subcontractors as an Additional Risk and How to Control the problem, was tackled by Panditrans’ Alexander Petrenko. Most of the road carriers in the region do not have liability insurance of any description.  There is a much greater chance of encountering a fake carrier from an uninsured subcontractor pool who would steal cargo.
  • Finally Kirill Berezov spoke about Cargoes in Tanks and Flexitanks.  Many Ukrainian TOs arrange the transport of liquid bulk cargoes, often seed oil, in tanks containers.  The business can be lucrative but certain specialised risks must be considered.  Once more Panditrans’ and TT Club’s claims experienced was drawn upon in order to illustrate these risks and sound advice on their avoidance presented.

Seminar for Tranport Operators, Ports & Terminals

Hotel Arcadia Plaza

Odessa, Ukraine

http://www.arcadia-plaza.od.ua/en/

Panditrans Odessa

Office 238, 7 Promyshlennaya Str.,

68001 Chernomorsk (Ilychevsk),

Odessa area, Ukraine

Attn:

Mr Alexey Panin

Mr Sergey Shandra

Through Transport Mutual Insurance Association Limited and TT Club Mutual Insurance Limited, trading as the TT Club. TT Club Mutual Insurance Limited, registered in the UK (Company number: 02657093) is authorised by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and Prudential Regulation Authority. In Hong Kong, TT Club Mutual Insurance Limited is authorised and regulated by the Hong Kong Insurance Authority, in Singapore by the Monetary Authority of Singapore and in Australia by the Australian Prudential Regulation Authority. In the United States, TT Club Mutual Insurance Limited is approved as a surplus lines insurer in all states and is accessible through properly licensed surplus lines brokers. The registered offices are: 90 Fenchurch Street, London, EC3M 4ST.

Through Transport Mutual Insurance Association Limited, registered in Bermuda (Company number: 1750) is authorised and regulated in Bermuda by the Bermuda Monetary Authority and is authorised in the UK by the Prudential Regulation Authority and regulated in the UK by the Financial Conduct Authority and Prudential Regulation Authority.

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