TT Talk - Safety in abnormal conditions
TT explore the the effect that delays caused by recent supply chain stress can have on particular cargoes and dangerous goods
The Dangers of Delayed and Abandoned Cargo
Global transport and logistics insurer TT Club speaks on panel with industry experts to discuss the issues around abandoned cargo and dangerous goods
Abandoned cargo: alert to risk escalation
TT Club outline the dangers of abandoned cargo for stakeholders in the global supply chain: forwarders, NVOCs, logistics operators and port and terminal operators.
StopLoss: abandonment of cargo
Guidance for port and terminal operators, freight forwarders and logistics operators dealing with issues of abandoned cargo and the associated risks around dangerous goods
Learn more about the risks of abandoned cargo as we reflect on the Beirut explosion of August 2021.
Episode 1 - Abandoned and uncollected cargo
Find out more about the contractual challenges of dealing with abandoned cargo in the transport and logistics industry
Apart from the recent devastating explosion in Beirut, there has been a spate of ro-ro/car carrier fires in recent months, leading to fresh calls for improvements, scrutiny and control in relation to dangerous goods (DG). Container ship fires are always in mind.
Uncollected cargo has long been a challenge for stakeholders in the supply chain. Notwithstanding the attention, debate and advice around the topic, it remains at the forefront of logistics operators' minds. Every year the delay or failure of the consignee to collect cargo results in substantial storage, demurrage and detention costs. Such issues are invariably complex and require expensive management time to resolve.
The problem of uncollected cargo is a perennial problem for NVOCC operators, often resulting in considerable bills on warehousing, container demurrage, and disposal costs. Apart from anything else, there is a significant drain on management resource to bring resolution.