Category: Marine
A Guide to Freight Forwarders Insurance in the UK
A Guide to Freight Forwarders Insurance in the UK Introduction Every year, a significant number of shipping containers is lost during transit. This, coupled with the occurrence of damaged goods upon delivery, has emphasised the importance of insurance in the logistics sector. Let's delve into the world of Freight Insurance and Cargo Insurance –…
Read more
Summer Newsletter 2021
Welcome to our summer newsletter 2021! The Insurance Market While the rollout of a Covid-19 vaccine and the slow return to normality in 2021 has buoyed society & the market, there will still be challenges as the economy recovers from the deepest recession in modern history. In the insurance sector, many expect this economic…
Read more
Vessel accidents have increased, are you prepared?
Vessel accidents have increased, are you prepared? It is estimated that 3,000 containers have been lost at sea over the past few months alone. Compared to the 1,382 containers on average lost per year between 2008-2019, as reported by The World Shipping Council, that’s a big jump. What’s the reason for it? Why are vessel…
Read more
Marine Cargo – ‘Ever Given’ Suez Canal blockage impact
Marine Cargo – ‘Ever Given’ Suez Canal blockage All customers with cargo onboard must contribute to the costs of the recovery and salvage costs to the Ever Given. If you have an Ascend Cargo insurance policy then this will be covered under the General Average extension – if you do not have marine insurance you…
Read more
Managing cargo risk during the COVID-19 outbreak
Keep on moving; managing cargo risk during the COVID-19 outbreak The impact of the COVID-19 virus and the measures put in place by governments and authorities to try to combat its spread are affecting all types of businesses across the whole world. In these times, the protection of health, safety and lives is paramount. While…
Read more
