Fear of Competition Delays Action on Tackling Cargo Misdeclarations

According to an article published in Llyods List,  a fear of strict competition rules and falling foul of antitrust regulations has been attributed to preventing container lines from coming together to prevent the increasing incidence of mis-declared cargoes.

Need to share information about bad customers

Laurent Audaz, head of insurance and legal at Mediterranean Shipping Co, said there needed to be better sharing of information about bad customers in order to fight the problem of mis-declared...

http://mfame.guru/fear-of-competition-delays-action-on-tackling-cargo-misdeclarations/

Prevention of Container Ship Fires, Insurers Call For Action!

According to an article published in Freight Waves, the International Union of Marine Insurance (IUMI) conveyed that firefighting capabilities onboard containerships are deficient.

Deficiency in firefighting capabilities

Moreover, IMUI said ships should be designed with fire compartments to prevent the spread of blazes. IUMI represents 43 national and marine market insurance and reinsurance associations.

This year has already seen an alarming number of containership fires, IUMI said in a news...

http://mfame.guru/prevention-of-container-ship-fires-insurers-call-for-action/

Ship on Fire! Heavy Fines Awaits Misdeclared Dangerous Goods

Carriers have announced they would impose heavy fines on misdeclared dangerous goods. Just days after this announcement, fire has swept through several containers aboard the APL Le Havre, reports The LoadStar.

Efforts hampered by weather

The Ministry of Defence in Gujarat State said fire had forced a diversion of the 10,100 teu vessel on Friday night, after it left Karachi en route to Mumbai.

Reports claim six boxes were involved, with the Indian coast guard resorting to flooding the boxes after...

http://mfame.guru/ship-on-fire-heavy-fines-awaits-misdeclared-dangerous-goods/

Hapag-Lloyd and Others To Fine $15,000 Per Box For Misdeclared Hazardous Cargo!

  • The Yantian Express fire has prompted Hapag Lloyd to levy a penalty charge of $15,000 on any shipper who misdeclares dangerous cargoes loaded in containers.
  • According to the Cargo Incident Notification System (CINS), nearly 25% of all serious incidents onboard containerships are attributable to misdeclared cargo.
  • Companies such as OOCL, HMM, Maersk, shippers, and insurers have come in support of levying fines for misdeclared dangerous and hazardous cargo.
  • If found guilty, the container could...

http://mfame.guru/hapag-lloyd-and-others-to-fine-15000-per-box-for-misdeclared-hazardous-cargo/

Blockchain Consortium To Tackle Misdeclared Cargo

  • Blockchain technology is being trialled to counter the alarming boxship fires started by misdeclared goods.
  • A consortium established to explore the use of blockchain in tackling the risks and challenges associated with the declaration and handling of dangerous goods.
  • CINS quotes nearly 25% of all serious incidents onboard containerships were attributable to misdeclared cargo.
  • The MBL consortium to build and test a prototype to assess the potential for DLT to address the challenges faced by...

http://mfame.guru/blockchain-consortium-to-tackle-misdeclared-cargo/

Is Banning Dangerous Cargoes the Only Solution To Stamp Out Container Fires?

According to P&I insurers the Standard Club, banning dangerous cargoes is not the solution to stopping container fires, rather ensuring proper declaration and stowage, writes Seatrade Maritime News Editor Marcus Hand in an article published on their website.

The article further goes on to illustrate how mis-declared dangerous cargoes have been in the spotlight given the number of container cargo fires in recent years that have led to major casualties, including the fatal Maersk Honam blaze last...

http://mfame.guru/is-banning-dangerous-cargoes-the-only-solution-to-stamp-out-container-fires/

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