By subject ' Marine Newsletter '
16 December 2015
Common misunderstandings and mistakes when using Incoterms 2010
If News 9/2015 Marine. When doing trade it is in both parties interest to define rights, liabilities and obligations regarding transportation and delivery of the goods accurately. Who is to arrange transportation, who bears costs and which costs, who bears the risk of loss of or damage to the goods in transit and is there a requirement to insure the goods and what kind of insurance is expected.
14 April 2015
Packing of goods - not just pretty wrapping
If News 3/2015 Marine. It sounds
simple enough: goods are to be packed so that they withstand the ordinary
incidents of the insured transit. Yet cargo underwriters frequently encounter
questions regarding the sufficiency of packing, e.g. who is liable for packing,
does the packing have an impact on the coverage and to what extent.
25 September 2014
Strikes as marine cargo peril
If News 7/2014 Marine. Bananas and other perishable goods might rotten due to a strike. A vessel might need to change its destination and take the goods on board to another port due to a strike at the original destination. In extreme cases strikers might set a warehouse on fire or damage the goods in terminals. Additional expenses can occur to the owners of the goods in a number of ways as a consequence.
10 April 2014
Acts of War and Cargo Insurances
If News 3/2014 Marine. Every now and then cargo owners and insurers are face to face with the question what war perils are covered and can be covered with cargo insurance. For obvious and very unfortunate reasons these questions are at the moment raised and hence it is worthwhile to have a little recap on this topic.
15 January 2014
Containerized World and 18 000 TEU Challenges
If News 1/2014 Marine. We have seen a number of container vessels suffering serious incidents and averages during past years; MSC Napoli, Rena, MOL Comfort, Hanjin Pennsylvania, Hyundai Fortune and Amsterdam Bridge to name a few.