Introduction in Transportation Strategies As a crucial part of the logistics method and supply chain management, transportation must be effectively managed if organizations are to satisfy their customers and achieve acceptable rates of return on their investments. Effective and efficient strategies are of paramount importance to both shippers and transportation carriers. Shippers must be aware
Stock Throughput - More Than a Cargo Policy Stock Throughput (STP) policies have been around for decades; however, during my recent trips to Latin America more questions on their coverage have been arising. In this blog, I discuss some of the issues to consider when underwriting STP products, as they are more than just a
Moisture Migration in Bagged Cargoes This article explains how and why moisture migration takes place and discusses to what extent surface ventilation can reduce or eliminate the damage to which moisture migration gives rise. The answer depends on the commodity; with grain in bulk, surface ventilation can do little or nothing; with rice or cocoa
In common commercial law, when one party breaches the contract then the other party is entitled to claim damages for any loss that has been suffered due to the breach. The onus of proof for this actual, financial loss falls upon the claimant, who has to prove that he suffered loss that was caused by
The Process of Hazardous Cargo Acceptance and Shipment Submitted by blogger on Thu, 2015/06/11 - 3:09pm In this post, let’s go through the actual process of how the hazardous cargo approval process works with the lines and port. It starts with the client approaching the shipping line for hazardous cargo acceptance. Most lines have their
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 is physical, 14% temperature related, 11% containers lost overboard, 9% theft and 8% shortage.* It
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. According to publications of Agriculture, the most predominant infestations found were Cadelle (tenebroides mauritanicus), the
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 be specialised operational staff who deal with the more difficult facets of customer relations. This
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, take importance over the lettered Rules where any conflict arises. Sacrifice usually involves the jettison
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 packaging must be fully resistant to, or the commodities themselves not be denatured by such
