A survey carried out by the Global Maritime Forum in association with the IUMI and Marsh has brought out certain interesting findings. The survey aims to identify the major issues which the maritime industry faces/will face in the next 10 years. This post is for those who have not had access to the survey report […]
A dull, heavy thud! Momentary confusion, excruciating pain! A muffled moan! What followed in the next three days would read like a tailor-made Kollywood script, so much so that I still find it difficult to believe it happened in my life. The year was 1993. We had just moved to Chennai and were newcomers in
Survey warranties in cargo policies are used indiscriminately without any seriousness on their implementation
A recent pronouncement by the National Consumer Disputes Redressal Commission ( NCDRC) appears to have all aspects of strangemess, be it in the basic case itself, the arguments put forth from both sides and the judgement on appeal. The case referred to here is Dujodwala Products Ltd vs National Insurance Company Ltd. Dujodwala Products Ltd
STOP , the abbreviated form of Sales TurnOver Policy seems to be the only way in India, a marine cargo policy can be structured. Further, STOP is supposedly easily and well understood by the masses, the youngsters who come into the industry and the veterans too. It is such a simple product — every transit
Judgement in The Swashplate case over-ruled on appeal . How?
Blinded by lower price, basics are missed out which in a claim scenario can prove suicidal
Exact time when cover attaches under a marine policy — Is it the time at the place where the policy is issued or where the loading is happening?
Misunderstand & mis-selling of warehouse to warehouse clause. Does such a clause exist?
Can a cargo claim be denied because prohibited labor was used somewhere in the supply chain?
