What is the Cause of a Cargo Damage?
The container revolution of the 1960s was deemed to be the solution to limiting cargo damage, but has experience proved otherwise? A considerable proportion of the Insurers time is taken up handling container cargo claims where 25% of the damage
Cargo Infestation during Transit
Migration of Insects, Moths & Vermin Trouble is still frequently experienced with infestation of various cargoes by various types of insects. Beetles and moths continue to play chaos, especially with cereals carried by sea and also, of course, on land.
How Decision Makers can, uncover the secrets of motivation
We move to action because we are motivated to do so. If we do not move to action then this happens because either we are not (naturally) motivated or we are demotivated (externally) thus, it is obvious that motivation comes
The Insurance History
A brief overview The Roots of the Traditional Industrial Insurance Classes The origins of insurance can be traced back to classical antiquity, and there is proof of the first forms of transport insurance back in 2250 B.C. Merchants first started
Filling a Cargo Claim
General Principles Some Carriers and Forwarders have regarded claims handlers simply as administrators in the broadest sense, just organisers of paperwork and administrative procedures who have no commitment to a specific discipline. They fail to see that claims handlers must
Sacrifice and Expenditure in case of a General Average
Having discussed the essential features of general average it is now suitable to examine the detailed York-Antwerp Rules dealing with sacrifice and expenditure. It will be remembered that these are the numbered Rules, which according to the Rule of Interpretation,
“esprit de corps”
LLOYD'S The Early Days The early London coffee houses were centres not only of commerce and literature, but of debate. They also had a political influence which moved Charles II to attempt, unsuccessfully, their suppression as "nurseries of sedition and
Deck Cargoes
What is a deck cargo? Lashing and securing The phrase ‘deck cargoes’ refers to objects and/or commodities carried on the weather-deck and/or hatch-covers of a ship and thereon exposed to sun, wind, rain, snow, ice and sea, so that the
Subrogation rights
A cargo insurer expects the possibility: should there be a loss, of exercising subrogation rights against any carrier or other bailee legally responsible for the loss. It follows that any unusual agreement reached by the assured with his carriers,