Posts tagged: freight forwarders

What freight forwarders should look for in their liability insurance

14 July 2011

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Written by FP Marine Risks and first published in HeavyLift Magazine, July 2011 When it comes to insurance, we only tend to find out the inadequacies of our cover when we make a claim. For example, when we purchase car insurance we may perhaps choose the cheapest option, but when we have to make a [...]

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Container shortages exposing freight forwarders to delay costs

24 December 2010

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A shortage of containers is causing concern for freight forwarders and other container users, particularly as the subsequent impact from delays or damage can lead to additional financial costs. Container manufacturers struggled to keep their factories open during the global economic slowdown and many were forced to close and lay off workers. The sudden turnaround [...]

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Cargo accumulation hazard, precipitating large losses

29 March 2010

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Significant accumulation of cargo is exposing cargo owners, freight forwarders and marine underwriters to the possibility of catastrophic losses. Freight stations and warehouses can each contain hundreds of millions of dollars worth of goods that are at risk of becoming total losses from perils such as fire, flood and wind. Earlier this year, a serious [...]

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No time for risk taking

15 January 2009

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First published in the January / February 2009 edition of Heavy Lift Magazine The global economic gloom is casting its shadow over insurance like everything else, with sharp rises in premiums likely across the board in the near future. We asked logistics-industry insurance expert Philip Bilney* why reducing cover is not a good idea. Can [...]

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