TT Live

A highlight in TT Club’s events calendar, June witnessed the return of the Safety Village at TOC Europe in Rotterdam for the third consecutive year. Following the success of earlier events the now established and valued collaboration between TT Club, TOC and ICHCA once again built on the previous year’s success and drew wide attention from a wide range of attendees within the industry.  

An interesting English court decision where a subcontractor of the bill of lading carrier was able to exercise positive rights against a shipper who had taken proceedings and secured judgment in a jurisdiction other than what was specified in the jurisdiction clause in the bill of lading.  

Josh Finch, Logistics Risk Manager, and Andrea Gentile, Senior Claims Executive, discuss the best course of action following an incident of cargo theft or damage. While we all seek to avoid these sorts of incidents, they do happen, and when they do it is vitally important to report the incident quickly to your insurer, the police and all parties involved to allow for proper investigation. Josh and...

When a ship allides with port infrastructure, causing damage to the berth itself or equipment located on it, it is important that the port take prompt steps to protect its interests. From experience, TT Club has develop protocols detailing actions to be taken, which seek to maximise the probability of recovering damage costs.

The misappropriation of shipping containers is a topic that TT Club has raised previously. While there are differing causes for this, sometimes related to issues such as abandoned cargo, the industry continues to grapple with this persistent risk globally. In locations or during periods where there is high demand, shipping containers can prove an attractive and lucrative target for criminals.

The importance of contractual risk management, with both suppliers and customers (up and down the chain) should not be underestimated. Understanding commonly problematic contractual clauses and risk exposures is vital for those with commercial responsibility. Without care, a business may be severely exposed financially. External assistance with the review of contracts should be sought where you do...

While the volumes of containers lost overboard at sea fluctuate year on year, typically influenced by more severe weather conditions, the challenge is a persistent one. Prevention necessarily remains high on the agenda of many stakeholders in the global supply chain; there is a universal interest in precluding such incidents.

Given their exposed positioning, the risk of he boom of a quay crane colliding with a ship is perennial. The introduction of boom anti-collision electronic sensors for use on quay cranes has undoubtedly mitigated this operational risk. For a variety of reasons however, this type of loss continues to occur far too regularly.

With ever increasing focus on the global green house gases emitted into the atmosphere, ports, terminals, warehousing operations and logistics facilities are striving to decarbonise their operations. As one key option, they are often turning to 'green' electricity as a viable energy source to power their activities.

While images of ships, trains and trucks are emblematic of the freight industry, effective management of the supply chain entails many diverse activities. The risks inherent in each supply chain operation are impacted directly and indirectly by an array of roles and activities. One such is the effective management of stockholding and order flow, referred to here as inventory management. Failure to...

Risks to the global supply chain from climate change are inevitably operation dependent and geographically dynamic. In recent years, operations have been impacted by wind microbursts and heavy rainfall, through to droughts and wildfires, all seemingly occurring with increasing frequency, in unexpected locations and with increased ferocity.

As a component of a net zero emissions strategy, many logistics businesses are exploring alternative modes of transport, including less polluting modes such as rail and inland waterways. While different that other modes, security and safety hazards still exist. Thus, proactive risk mitigation to protect against loss, damage and theft is required, particularly during transhipment operations.

Access to safe and clean drinking water to sustain life is one of the most basic human needs; exposure to contaminated water can have serious health implications. Ports play an essential role in the provision of clean drinking water to the maritime industry, contributing to the welfare of the crew and the achievement of sustainable development goals.

The phenomenon of defendants facing the prospect of excessively high awards – known as ‘nuclear verdicts’ – against them in litigation, particularly in state courts in the US, appears to be happening with increasing frequency. What can be done to counter them?

Predicted impacts on ports and waterways from climate change present a real risk to local, national and global economies. Disruption is increasingly being seen from extreme weather events, causing damage to infrastructure or equipment, injuries and fatalities. However, account needs to be taken of incremental changes, such as increases in air and water temperatures, rising sea levels and seasonal...

In this edition of TT Live Josh Finch, Logistics Risk Manager, sits down with Kerime Huseyin, Senior Claims Executive, to talk about maritime risk. This episode considers General Average, salvage, loss of cargo and causes of wreck.

In this episode Mike Yarwood, Managing Director Loss Prevention and Josh Finch, Logistics Risk Manager, sat down to discuss how customer demands can impact logistics operations - posing threats that you may not immediately consider in your risk mitigation strategy. The two consider ways in which you can make your operations safer, more secure and more sustainable. If you would like to hear more ad...

Thorough understanding of your supply chain counterparties and, specifically, the full nature of any cargo being accepted into transport is a matter central to TT’s Cargo Integrity campaign. Now there’s welcome endorsement from five US regulatory agencies.

The global logistics and transport industry is facing unprecedented challenges in achieving material carbon emissions reduction. This now-accepted necessity for humanity has highlighted that the industry is estimated to contribute approximately 20% of emissions and this is likely to continue to grow at speed.

While the container sector has experienced increase in ship size of some 1,500% over the last 50 years, there have also been significant increases for other ship types, including cruise and car carriers. Regardless of future trends, the risk elements for port operations are writ large. Combining this with changing weather patterns around the globe, safety for navigation and mooring in ports are dy...

Seven years on from the Paris Agreement, as society transitions away from the use of fossil fuels to provide the energy to sustain industrial, business and domestic life aimed at reducing global carbon emissions and tackling climate change, ports, terminals and logistics operators find themselves at an energy crossroad .

The European Union's Import Control System 2 (ICS2), a cornerstone of customs security and safety, is poised for its third release on 3 June 2024. This evolution brings significant changes and enhancements, geared towards augmenting efficiency, optimising risk management, and bolstering the protection of EU citizens and the internal market.

In this edition of TT Live Josh Finch, Logistics Risk Manager, sits down with Guillermo Cancio, Senior Claims Executive, to talk about strategic theft in North America, a growing trend we have picked up on in recent years. Guillermo explains how organised crime organisations have been manipulating current systems that are available, to portray themselves as legitimate motor carriers, and stealing...

It is obvious that ports are pivotal nodes in international supply chains. However, within each setting there will be a broad range of responsibilities and relationships, some statutory or regulatory, some commercial or operational. As a result, there will be an array of terms and conditions to be considered. It remains important to consider standard trading conditions to provide a framework that...

Alerts were raised in the UK in mid-2023 about a potential serious safety risk arising from the use of Reinforced Autoclaved Aerated Concrete (RAAC). While this particular building practice appears to have been widely adopted in public structures (for example schools), it is possible that it has been applied in port or warehouse facilities in some parts of the world.