Moisture Migration in Bagged Cargoes

2015-09-08T19:45:51+01:00

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

Moisture Migration in Bagged Cargoes2015-09-08T19:45:51+01:00

Marine insurance Damages for late payment of claims?

2015-07-27T13:08:01+01:00

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

Marine insurance Damages for late payment of claims?2015-07-27T13:08:01+01:00

Hazardous Cargo

2015-06-12T12:08:32+01:00

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

Hazardous Cargo2015-06-12T12:08:32+01:00

What is the Cause of a Cargo Damage?

2015-06-07T17:46:26+01:00

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

What is the Cause of a Cargo Damage?2015-06-07T17:46:26+01:00

Cargo Infestation during Transit

2015-06-07T17:24:47+01:00

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

Cargo Infestation during Transit2015-06-07T17:24:47+01:00

Filling a Cargo Claim

2015-02-22T11:42:27+00:00

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

Filling a Cargo Claim2015-02-22T11:42:27+00:00

Sacrifice and Expenditure in case of a General Average

2015-01-25T09:38:35+00:00

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

Sacrifice and Expenditure in case of a General Average2015-01-25T09:38:35+00:00

Subrogation rights

2014-11-19T19:42:29+00:00

  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, exempting them from liability, or limiting their liability, must be disclosed. "The arrangements must be

Subrogation rights2014-11-19T19:42:29+00:00

Control of the recovery proceedings

2014-05-04T19:55:46+01:00

Where assureds have no financial interest in the outcome of the legal proceedings taken in their name they are generally content to let the matter proceeds without their active involvement. However, it may take time to settle the insurance claim and the assured may wish to protect their position in case the insurance claim fails,

Control of the recovery proceedings2014-05-04T19:55:46+01:00

SUBROGATION

2014-05-04T19:47:49+01:00

Origins and nature of the right of subrogation The insurer's right to take legal proceedings in the name of the assured against a third party who has caused loss of or damage to the goods is of particular importance in marine cargo insurance. The amounts recovered in subrogation actions, known in practice simply as "recoveries",

SUBROGATION2014-05-04T19:47:49+01:00
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