16th July 2012
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.
Speaking at the freight industry forum, TOC Container Supply Chain Asia in Hong Kong today, TT Club's Director of Global Risk Assessment, Laurence Jones highlighted the key factors that cause disruption throughout the global supply chain and spoke of opportunities for operators to save costs by tightening procedures to minimise accidents, breakdowns, delays and other risks.
The Container Owners Association (COA) and the TT Club bring together practitioners and experts to debate ways to resolve the exploding reefer machinery issue following the introduction of counterfeit gas into the supply chain.
FIATA Conference sees Dublin-based Silvia Valles Barrera of Hawthorn Logistics pick-up the award, sponsored by TT Club for the thirteenth consecutive year.
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'.
Three industry bodies have produced joint research and published safety specifications for container quay cranes. Experts, working from TT Club insurance claims records and with combined operational experience, recommend minimum standard safety features to promote safety.
June 7, 2011 - In a joint initiative to improve safety at the world's ports, the Port Equipment Manufacturers Association (PEMA), the TT Club and ICHCA International are to announce recommendations for minimum requirements for the operation of quay container cranes. Details of the recommendations will be provided at a workshop at TOC Europe 2011 on Thursday June 9.