The announcement of another fire on board a container ship early in January 2020 - the first publicised this year - reinforce the vital importance of increasing rigour around the transport of dangerous goods (and not just by sea).
The importance of implementing robust due diligence procedures, incorporating all aspects of your business, cannot be underestimated as key risk mitigation. If something appears too good to be true, then it probably is.
TT Talk - Overview of Incoterms® 2020
09/12/2019
1 January 2020 will witness the introduction of Incoterms® 2020. Revised every ten years, in common with previous editions, this latest revision has been assessed against current business practices, taking into account new technologies and challenges faced through the intervening period.
Incorporation of Incoterms into a sale contract will not bind any third party, or govern any other contract. It remains for the seller or buyer to ensure that the agreed Incoterm correctly reflects the reality for finance, carriage and insurance. Start with the end in mind!
Increasingly sophisticated handling equipment is being installed in various parts of the world, often enabling automated operations. Ensure that your investment adequately reacts to real life scenarios.
Recent case law from the NSW Court of Appeal in Australia acts as a reminder to freight forwarders to consider carefully the question of 'whether to issue a house bill of lading?' for a consignment. When doing so, there are clear steps to take to protect the rights of all stakeholders and avoid unforeseen exposures.
TT Talk - Ship berthing incidents
12/11/2019
It is perhaps surprisingly common for things to go wrong in the processes around berthing ships, particularly in terms of manoeuvring in the port area and mooring. Aimed at the ship/port interface, read on to understand TT Club's experience and ways to mitigate the risks.
TT Talk - Mitigating the corrosion nightmare
01/10/2019
Corrosion is a perennial concern for tank container owners and operators. The stainless steel construction is resistant to staining and corrosion, but may be vulnerable to pitting from certain cargoes or certain cleaning and maintenance operations. Visually minor pitting may conceal development of substantial or even catastrophic corrosion below the surface.
TT Talk - Tank container risks
01/10/2019
The versatility of the tank container for both transport and storage can give it preference over traditional parcel tankers and drums, influencing how supply chains develop, providing additional efficiencies and flexibility.
TT Talk - Value in inspections
05/09/2019
TT Club - amongst other industry stakeholders - has long championed CTU inspections as a key weapon in the armoury to enhance safety and combat poor packing practices.
TT Talk - Dangerous goods centre stage
05/09/2019
It has been a torrid year for cargo-related containership fires, with reported incidents averaging every 30 days and bucking the twenty plus year frequency of roughly every 60 days.