Weather seems to be a common theme around the globe at present. In tropical regions, the 'official' storm seasons have either just started (Eastern Pacific) or will do shortly (North Atlantic), although early activity was seen with the first named Atlantic storm, Ana, in early May. This comes on the back of series of powerful thunderstorms across the US and recent memory of significant winter storms across Europe. Simple advice: always be prepared!
The TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2014, maintaining its A- (Excellent) rating by agency AM Best for the 9th consecutive year.
Customs claims brought against freight forwarders have always been part of the tapestry of issues handled and covered by the TT Club. However, by way of alert, there has been a noticeable increase in claims involving the evasion of Anti-Dumping Duty ('ADD'). Most seem to result from investigations made by the European Anti-Fraud Office (known as 'OLAF', from its French name Office de Lutte Anti-Fraude).
The Union Customs Code (UCC) was adopted by the European Parliament and Council on 9 October 2013 as Regulation (EU) No 952/2013. Its provisions will start coming into effect on 1 May 2016. There will be a phased implementation period lasting until 31 December 2020, to allow the necessary time to develop the complex IT infrastructure to support EU wide simplifications.
Following from the early 'noughties' developments relating to security and the WCO SAFE Framework, the European Union responded with the Authorised Economic Operator (AEO) certification process. This is now moving 'centre stage'; are you prepared or engaged?
TT Club's Phillip Emmanuel has put into perspective some of the sensationalism surrounding the recent growth trend in container ships. Speaking during a plenary session of the TOC Asia Conference in Singapore yesterday, he advised ports and terminals to take a measured approach to the risk management of their operations, looking carefully at the ramifications to their own facilities of potential larger ship calls.
Working at height remains one of the biggest causes of fatalities and major injuries. A common fallacy is that 'working at height' is confined to activities several meters from the ground. However, 'working at height' is defined as work completed at any height above ground level where a hazard might present itself.
The 73rd meeting of the International Cargo Handling Coordination Association's (ICHCA) ISP Technical Panel was held recently, kindly hosted by Puertos de Las Palmas. Whilst a number of key risk areas were considered in detail by the panel, bodily injury and pedestrian safety was confirmed to be a key risk in ports.
Thomas Miller is an insurance services business, managing some of the most important insurance mutuals in the international transport and professional indemnity sectors. These include the UK P&I Club, the UK Defence Club, the UK War Risks Club, the Through Transport Club and the International Transport Intermediaries Club. More information is available on the Thomas Miller website.
Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks
Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks
TT Club, the leading international transport, freight and logistics insurance provider, has appointed Justin Reynolds as Regional Claims Director, Europe, Middle East and Africa. Based in London, he will be responsible for handling member's claims across the EMEA region.
