Cargo Claims

The Swedish Club Partners With CWA To Reduce Cargo Claims

The Swedish Club has partnered with CWA International to develop its new Cargo Advice series, says a press release published on their website.

Cargo claims

The Swedish Club has partnered with industry-leading cargo consultants, CWA International, to develop its new Cargo Advice series. 

The series provides expert advice and information on the carriage of a wide range of cargoes that are frequently subject to claims.

About the new cargo advice

The new Cargo Advice gives operators a unique, in-depth...

https://mfame.guru/the-swedish-club-partners-with-cwa-to-reduce-cargo-claims/

Ocean container losses topple annual average in 2 months

The World Shipping Council issued an eye-opening report last July. What seemed like a steady stream of vessel fires, capesizes and container losses was in fact a small drop in the global ocean shipping bucket. A WSC study found a tiny fraction, about .0006%,  of the roughly 226 million containers shipped on the world’s oceans each year were lost. 

WSC reported on average only 1,382 containers were lost at sea per year between 2018 and 2019. So what’s going on? Between Nov. 30 and Jan. 31, more...

https://www.freightwaves.com/news/ocean-container-losses-topple-annual-average-in-2-months

Commentary: The changing landscape of cargo claims after COVID-19 — how to cut losses for shippers globally

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Pre-COVID-19

Cargo claims have been heavily neglected by shippers and consignees for decades — mainly due to the time involved to chase a claim, lack of specific legal knowledge to be able to wrestle with the carriers and a common misbelief that cargo insurance can protect from losses. 

According to Eurostat, small and medium-size enterprises accounted for 99% of...

https://s29755.pcdn.co/news/commentary-the-changing-landscape-of-cargo-claims-after-covid-19-how-to-cut-losses-for-shippers-globally

Ship Arrest! 2 Tankers Seized

Investment bank HSBC  arrested two product tankers owned by Singapore-registered Somerset Maritime over cargo claims totalling $6m, reports 247CustomsBrokerNews. 

Reason for seizure

Two product tankers owned by Singapore-registered Somerset Maritime have been arrested by investment bank HSBC over cargo claims totalling $6m. 

Court records indicate that the below two are the seized tankers:

  1. 18,700-dwt Kirana Hasta (built 2018) and 
  2. the 19,000-dwt Kirana Santya.

Did you subscribe to our daily...

https://mfame.guru/ship-arrest-2-tankers-seized/

Threats That Lead To Cargo Claims!

A recent Safety4Sea article highlights control and key points mentioned in the UK P&I Club’s recently published guide for assessors and ship owners when inspecting a vessel.

Ensuring ships good risk profile

UK P&I Club recently published a guide addressing the controls and the key points that the UK Club’s Risk Assessors look for when inspecting a vessel. 

The guide allows ship operators to carry out a similar check on the Threats and Controls, to  ensure that the ship has a good risk profile.

Threa...

http://mfame.guru/threats-that-lead-to-cargo-claims/

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