Tag: cargo damage

Many ships are avoiding the Red Sea by sailing around South Africa exposing them to unforgiving seas around the Cape. With several incidents of cargo stowage failure and container losses in the region recently there are fears of more to come, argue Are Solum, Team Leader, Dry Cargo Claims (Lawyer), Gard AS, and Mark Russell, Mark Russell as Managing Director of Gard's Hong Kong office.  

According to American Club, the ingress of seawater through leaking hatch covers remains one of the most significant causes of cargo damage aboard dry cargo vessels.

A recent circular from the correspondent, Oasis P&I Services Company Limited, highlights a significant surge in heat damage claims for Brazilian soybean arriving at Chinese ports, Japan P&I Club notes.

Britannia P&I Club explains that agricultural cargoes are extremely heat sensitive, and presents preventative measures against heat damage.

Two major UK maritime insurers, the UK P&I Club and TT Club, became members of the Cargo Fire & Loss Innovation Initiative (CFLII) by Safetytech Accelerator.

Ansuman Ghosh, Director of Risk Assessment, UK P&I Club highlights how mould, self-heating, wet damage and heat damage can affect the quality of soybeans during transportation and discusses possible mitigation methods. 

Cargo liquefaction remains a key concern for shipping safety, with a total of 70 lives lost in 5 casualties between 2012-2021. This accounts for 76.1% of the total loss of life in shipping for this period, according to INTERCARGO.

Fire and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, cargo damage is the most frequent cause of loss, according to Allianz Global Corporate & Specialty (AGCS).

Maritime Mutual published a risk alert focusing on how to minimise bagged cargo damage and consequent shortage claims.

In collaboration with the cargo experts at CWA International, Swedish Club produced refrigerated cargo advice to assist operators.