Our team of legal experts give you inside info on the legal world of cargo claims – from how to avoid losses and prevent cargo claims to taking pictures that can win a court case.
How to release trapped cash which is below your insurance deductibles e.g. amounts you absorb after insurance pay for cargo damage.
There are containers in the fleet of shipping lines that are 20-year-old. For some destinations majority of the containers are this age. It is in the shipper’s interest to protect himself by checking containers before loading cargo and taking clear evidence of preexisting container damage at the discharge, to make sure you get fairly paid for the damaged cargo.
Whether a carrier can limit liability will depend on the value, weight, and particulars of the cargo as described in the bill of lading.
If the shipper understands how this works, he won’t have to skip a beat on “package limitation” when claiming for fair compensation from the liable party for lost or damaged goods during transit.
Cargo thieves enjoy increasing container volumes after COVID 19 because the shipping volume of desirable goods increases, as does demand. What’s targeted: electronics, clothing, and apparel, foodstuff, and beverage are really popular because it is easy to resell. Perfumery and cosmetics are frequently pilfered as well due to IMO class #3 labels on the side container panel of the container.