Cover for all aspects of container shipping is provided by another Thomas Miller managed club, TT Club. The club provides a wide range of insurance for the liabilities and assets of operators through the supply chain, including ports and terminals, owners and operators of carrying equipment, and transport and logistics operators. It also underwrites cargo for all risks.
In this Ask an Expert video Anuj Velankar, Senior Loss Prevention Advisor at the UK P&I Club is joined by Kim Chua, Chartered Engineer and Metallurgist at Brookes Bell to discuss the dangers and implications of crane wire failure.
On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.
Insurance mutuals urge the container shipping industry and participants in the global supply chain it serves to give ever more serious attention to the causes and consequences of ship fires, jointly issuing a guide outlining the responsibilities of all stakeholders in reducing risk.
