Claims investigations following a recent cargo theft claim reveal the risk exposure in utilising subcontractors without carrying out effective due diligence.
Can any marine terminal afford not to invest in electronic anti-collision sensors for their quay cranes? TT Club members can receive a 7% discount on the cost of sensors.
Four regional finalists representing the future of the freight forwarding industry are preparing to travel to Cairo, Egypt for the FIATA World Congress - 16 - 21 October 2011. The four, from the United Arab Emirates, Mexico, Hong Kong and Ireland , will each be hoping for selection as the overall Young International Freight Forwarder of the Year 2011 and a prize that includes hands-on training experience at one of TT Club's regional centres in London, Hong Kong or New Jersey.
TT Club, the leading mutual insurer in the international freight and logistics arena has had its financial strength rating of A- (Excellent) re-affirmed once again by the US rating agency, A. M. Best. TT's issuer credit rating was also maintained at 'a -' by the agency, which at the same time determined that the outlook for both ratings remains 'stable'.
The massive Federal financial services industry regulatory reform legislation passed by Congress and signed by President Obama in July 2010 includes legislation which directly and positively impacts the placing of business with nonadmitted insurers such as TT Club.
In the wake of seismic and climatic activity around the globe in the early part of 2011, many have been keenly observing the work of forecasters for the 2011 North Atlantic hurricane season, which runs from 1 June to 30 November.
