In a joint briefing, the Container Owners Association (COA) and the TT Club set out a synopsis of the exploding reefers situation and provide a clear call to action for the industry in order to eliminate counterfeit gas supply from the reefer container industry. The situation continues to develop and further information will be released once available.
The TT Club was recently asked about the practical workings of the International Ship and Port Facility Security (ISPS) Code. Does a breach of security at a port or terminal result in non-compliance with the Code, leading to 'contamination' of any ships calling at the facility? Not so, we believe!
The growth in air/sea movements involving China has reinvigorated a practice that has supported certain supply chains historically. The TT Club has responded to this by designing an Air/Sea Waybill fit for purpose.
The matter of sanctions continues to be an important and complex topic for anyone involved in international trade: buyers, sellers, carriers - and insurers. This article covers recent changes concerning Iran and Syria.
The availability and use of 'personal electronic devices' is widespread. Do you have a clear policy concerning if, when and how such devices may be used? Is it understood by all staff and visitors, and is it strictly enforced?
A news item from last winter said, "With the accumulation of sleet, rain and freezing rain, many roofs have been unable to bear the additional rain-saturated snow". Before you sit next to your warm fire, have you made appropriate preparations?
The TT Club is positioned astride the transport and logistics industry, providing liability and asset insurance for liner ship operators, ports and terminals, forwarding and logistics businesses, and equipment lessors. As such, it is inevitable that we are intricately involved in the issues facing the whole industry globally concerning the safety of reefer containers.
As a leading liability insurer for the international logistics industry, the TT Club is aware of a significant percentage of cargo movements that go wrong. And it is clear that a major cause of things going wrong is a misunderstanding of or non-compliance with basic principles at the very outset of the supply chain.
A downside of containerisation is that normally nobody sees the contents of the container from the time it is sealed until its ultimate destination. As a result the,correct packing, stowage and securing of the cargo inside the container is vital to maintaining the integrity of the cargo during its journey and avoiding damage and possible injury on the way.
