When exporters or importers, or even freight forwarders, purchase insurance for chilled and frozen cargo, they may think they won’t have to worry about any issues arising during transport. As a policyholder, you tend to assume you’ve taken out comprehensive insurance. But this isn’t necessarily the case. Granted, the Institute Frozen/Chilled Food and Frozen/Chilled Meat
2022 has been a perfect storm for the shipping and marine insurance industries. The sector was plagued by uncertainty, with a number of geopolitical and economic challenges unfolding as the year went by. Looking ahead, there’s still concern about certain critical issues that are likely to take their toll on marine cargo loss and recoveries.
Port congestion is leading to shipping delays becoming the norm. After what seems like an eternity, you receive your cargo. And, as Murphy’s law would have it, whatever can go wrong, does go wrong. You realize on the spot that your long-awaited consignment has been damaged in transit. You have to react swiftly. In the
Sea freight isn’t always smooth sailing. Weather, technical failure, human error… these are all risks you’ll be facing when shipping cargo. But here’s the silver lining: you can minimise the chances of your consignment getting damaged while in transit by means of a marine cargo survey. WHAT’S A MARINE CARGO SURVEY? In a nutshell, it’s