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Misidentification of dangerous goods a big safety issue on container ships

     Container ship fire

Fires on container ships, caused by incorrect handling, processing and labelling of dangerous goods, are estimated to be happening on average every 60 days.  This year alone there have been three such major incidents.

These fires not only cost millions of dollars in cargo losses and damage to vessels, but can also result in loss of life to crew members who work on container ships.

Insurance providers say new legislation, enforcement and inspection are needed to improve safety.

For more information, contact Debbie McGuire, Manager – Freight Solutions.

Quick Tip #14
Don’t just insure the value of the goods

When insuring your freight, you are fully entitled to value your goods at a price above the base cost. Valuation of goods may include all freight charges, related costs, plus 10% (or more) to cover the administrative burden of processing a claim and to cover the insured’s profit. Since duty is still payable on damaged goods, make sure you insure the amount of duty as well.

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