Forward: Transport and Logistics Insurance podcast

In this episode, Gediminas Daukša and Otmar J. Tuma discuss a court case involving the theft of electronic equipment during transportation. They explore the issue of jurisdiction and the conflict between contractual clauses and the provisions of the CMR convention. They highlight the importance of choosing the right jurisdiction for legal proceedings and the different interpretations of gross negl...

 In this episode of Quick Tips on Logistics Insurance, we explore the critical issue of insuring shipments outside your direct responsibility. Discover why Article 11.1 of the Institute Cargo Clauses matters to every freight forwarder, and learn how to protect your business while maintaining industry relationships. This quick, informative session could save you from a costly insurance mistake. 

 In this episode we unravel a fascinating case that showcases the intricate interplay between international shipping, insurance claims, and legal jurisdictions. Episode Summary: A valuable computer equipment shipment from ACC Distribution is stolen during transport by Reno-Sogistik. Insurance company Gensiediege pays out €205,000 and seeks to recover from Reno-Sogistik. Legal battles ensue in both...

 In this episode, we reveal the critical distinction between cargo insurance and cargo liability insurance. Learn why shippers shouldn't rely solely on their logistics partner's insurance and discover the importance of securing proper cargo coverage. This essential insight could save you from unexpected losses and complicated claims processes. 

In this episode, Gediminas Daukša and Karina Gedeukaita discuss the impact of international sanctions on logistics companies. They highlight a recent case in Lithuania where a company was fined 13 million euros for violating sanctions. They explain that fines are based on factors such as turnover and the value of goods or services. The conversation explores the challenges faced by logistics compan...

This week on the Forward podcast, we have a special episode that is not part of our regular schedule. Our guest is Karina Gaidukaite from GrECo International LT, and we discussed the recent Baltimore Bridge disaster. With so many stories circulating in the media, we aim to provide our view on the history of ships versus bridges, the general average rule, and what the recent accident could mean for...

This week, we met with Ugne Kariniauskaite from GrECo International LT and discussed recent demonstrations that have rocked Europe. While these protests primarily target governments and supermarkets, protestors are not shy of venting their frustration at road trucks. Do these demonstrations qualify as unavoidable events, and can the risk be mitigated with cargo liability insurance? Music: "Ba...