TT Club Calls for Increased Efforts to Reduce Accidents in Ports and Cargo Handling Facilities
18/06/2014
In a speech given to the Trans Middle East Conference in Qatar in May, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club, called for operators to do more to minimise the causes of incidents resulting in bodily injury, cargo and property damage
In a speech given yesterday at the ASEAN Ports & Shipping Conference in Jakarta, Phillip Emmanuel, Regional Director Asia-Pacific of the freight transport insurance specialist TT Club, called for operators to do more to minimise preventable accidents that result in bodily injury, cargo and property damage
The TT Club, the leading international transport, freight and logistics insurance provider, has appointed Robert Kempkens as claims director. Based in London, he will be responsible for overseeing global claims handling for the TT Club.
The TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2013, maintaining its A- (Excellent) rating by agency AM Best for the 8th consecutive year.
TT Club has revealed that as many as two thirds of accidents that involve the loss of, or damage to, containerised cargo are thought to be caused by poor or improper packing and securing. Such a finding is echoed by the ocean carriers' Cargo Incident Notification System (CINS), where a third of incidents investigated were found to have this cause. The loss to the industry is substantial, resulting in direct expense, operational disruption and management distraction, not to mention litigation or insurance costs.
TT Club, the insurance specialist serving the global freight industry, continues to support innovation in the logistics sector.
TT Club, the insurance specialist serving the global freight industry, continues to support innovation in the logistics sector.<s></s>
In a speech to be given at the TOC Container Supply Chain: Middle East Conference on 9th December, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club will warn of the additional liability that freight forwarders and other logistics operators are open to as a consequence of dynamic changes in global trade.
82% of insurance claims related to cargo handling at ports are the result of operational shortcomings or poor equipment maintenance. This revealing statistic was presented by TT Club's Regional Director, Asia-Pacific, Phillip Emmanuel as he addressed representatives of South Asian ports at an industry conference in Mumbai last week.