loss prevention

War risk/loss prevention trends and best practices

During the last SAFETY4SEA Athens Forum, Mr. Rod Lingard, the Club Manager of Hellenic Mutual War Risks Association (Bermuda) Limited, looked at key war risks trends, including sanctions and the recent advice from OFAC on sanctions compliance programmes; developments in the Arabian Gulf; the status of piracy in both the Gulf of Guinea and the Western Indian Ocean.

Tackling cargo misdeclaration – a first line of defence against container fires

Container fires may now be occurring on a weekly basis and in Gard’s experience most are associated with cargo misdeclaration. However just as with tackling the fire itself, tackling misdeclaration is a significant industry challenge. Thus, Mark Russell, Vice President, Head of Cargo Claims in London and  Charmaine Chu, Claims Executive in Hong Kong discuss the severity of cargo misdeclaration and the impact it has in the shipping market.

Lessons learned: Agent not responding promptly to shipper’s request

The International Transport Intermediaries Club (ITIC) informed of a claim, highlighting the need for shipping agents to respond promptly to shippers’ requests or encounter financial risks. The case regarded a container of frozen beef carried on a liner service between Australia and China.

IUMI: Time to take action on container ship fires

The shipping industry has witnessed many fire incidents on container ships this year, some of which have resulted to fatalities and others to economic losses; Thus, IUMI, in a recent forum, took the chance to alert on the situation and call the shipping industry to improve its existent onboard firefighting systems and seafarers’ training, as both seem to lack of efficiency in these challenging times.

Haiti ports remain unsafe for vessels

North P&I Club alerts of the situation in Haiti following the continuous riots and civil disorders that affect the ports’ operations and cause disruptions. The Club advises all shipowners to follow up the updates in order to know how to proceed with their operations.

Cargo theft: Trends and countermeasures of a billion-dollar problem

Cargo theft is a global challenge with a major negative impact on supply chains and the world’s economy. To put this into context, cargo crime has costed an estimated US$22.6 billion in 2015, while the top five natural disasters costed a collective $33 billion, research has indicated.

Watch: Factors and recovering methods for girding incidents

Between 2005 and 2018, the TSB received reports of 26 girding situations resulting in 21 capsizings. Girding occurs when a vessel is pulled broadside by a towline force and is unable to manoeuver out of this position. The TSB created this video to illustrate the factors leading to girding and the recovery methods.

10 tips to avoid accidents at sea

While poor watchkeeping, over reliance on GPS, fatigue, commercial pressure and distractions remain as major causes of shipping accidents, new technology inevitably leads to new ways to have accidents, argues David Patraiko, Director of Projects, The Nautical Institute, in the new issue of ‘The Navigator’. 

Poll

Does enclosed space entry need more regulation?

maritime events