The Pearl of the Indian Ocean
How will the claims due to the MV X-Press fire/explosion play out? Insurers worried
How will the claims due to the MV X-Press fire/explosion play out? Insurers worried
Somali pirates around the Gulf of Aden have caught the attention of the world but the piracy in the Gulf of Guinea is not that well known. However the pirates here are more brutal and violent posing a major threat to the lives of seamen.
Can expenses incurred by a carrier for recovery of stolen goods be paid under Loss Minimisation expenses?
A look at why the Suez Canal is so vital & the possible insurance claims arising out of the canal blockage by Ever Given
In early 2020 when the Covid 19 pandemic gathered pace around the world and governments rushed to enforce lockdowns and seal borders, supply chains all over were hit badly. International trade took a tumble as factories were shut, and cargo which had already moved got stranded on roads, ports, container freight stations and in mid-sea.
A look at the Indian version of the non-institute cargo clauses brought out by the General Insurance Council
Understanding the Incoterms and the Indian regulations is necessary before seeking/grating cargo insurance covers in India on behalf of overseas sellers.
Happy New Year readers! My first post of the year 2021 or rather the new decade. Battered economies all round due to the Covid-19 pandemic, some semblance of recovery & green-shoots of hope with different vaccines on the verge of approval and mass use makes 2021, a year of Hope.Among the worst-hit industries is the
Extreme weather is not the sole reason for container stack collapses on-deck & containers falling overboard. Most of it is man-made.
A comparison of ICC-A 2009 & the American Institute Cargo clauses 2004 All Risks