Cargo breaking loose within a Cargo Transport Unit really is preventable, by following good packing practice. Equally, complete and accurate information, and correct marking, will substantially assist anyone responding to an incident.
Picking up on a bulletin published by UK P&I Club on 29 June 2012, this item highlights another instance of dangerous goods non-compliance - and explains the inter-relationship between modal regimes.
Business failure is an unfortunate corollary of the current global economic situation. As a result, this article reviews the rights of lien that may provide some welcome protection to transport and logistics operators faced with customers whose business fails.
A landmark decision in March 2012 by Sir Andrew Morritt, the Chancellor of the English High Court, in Re La Senza Ltd (in Administration) means that freight forwarders, liner shipping companies and road hauliers finally have a court judgment entitling enforcement of general lien clauses against administrators acting on behalf of insolvent customers, which is welcome news.
US rating agency, A. M. Best has re-affirmed TT Club's financial strength rating as A- (Excellent). The specialist insurer of the international freight and logistics sector has also had its issuer credit rating maintained at 'a -' by the agency. A. M. Best pronounced the outlook for both ratings as 'stable'. This is the seventh successive year that TT has maintained its ratings at these levels.
New publication from TT Club, in association with ICHCA International and the Port Equipment Manufacturers Association (PEMA) draws together years of experience to help port businesses strengthen their asset management and enhance safety through improved maintenance.
