A previous article highlighted the exploitation of the global transport network by wildlife traffickers and the threats posed to the sector, including to human health and security. Here we revisit this important topic, considering wider risks associated with wildlife crime and their impact on the legitimate supply chain.
Shipping Containers have been the target of thieves since they first started circling the globe with many shipping lines conceding through gritted teeth that an amount of 'natural wastage' or 'mysterious disappearance' is an inevitable part of doing business in certain areas of the world.
Cargo fraud and theft impacts everyone in the international supply chain. A buyer of cargo needs the same assurances as the provider of logistics services, who relies on others for contract fulfilment. These risks consistently are amongst the top five incidents seen by the TT Club that collectively account for about 2/3 of claims through the supply chain.
The process of storage, transport, distribution and marketing of stolen goods often shadow those of legitimate supply chains with criminals acquiring sophisticated logistics skills.
Leading insurance provider to the international freight and logistics sector, TT Club has announced a significant change to its New Jersey office leadership
This first webinar in our ship fire series focuses on specific issues relating to the cargo loaded on board, looking into practices to combat non-declaration and mis-declaration, as well as profiling the risk-based stowage approach.
Insurance provider, TT Club, is advising on the potential unforeseen exposures that may accrue in the face of the coronavirus outbreak - on top of the challenges already being experienced moving freight to and from China.
International freight transport insurer TT Club's well-respected loss prevention newsletter, TT Talk, is being made available as a podcast. TT Live will be recorded monthly and released at the same time as the written word. In addition, six specially produced interviews on various aspects of contractual challenges in the operation of the container supply chain will be made available over the next six weeks.
An alert concerning undeclared dangerous goods for carriage by air from the Hong Kong authority reminds all forwarders and carriers to be vigilant. Take steps to manage the risk or face the penalty!
