We often see exporters holding back on sending their cargo claims because they’re unsure about the total cost breakdown or, let’s face it, the math can take a solid 6 months to crunch. Dealing with cargo claims can be a bit of a head-scratcher. But here’s a golden nugget of advice for you: “Delay submission of claim amount and you will lose your cargo claim. Guaranteed!”
But guess what? Delayed claims rarely get the attention they deserve from the carriers. So, what’s the smart move?
Don’t wait for the stars to align with the perfect breakdown figures. Shipping lines are all about clarity, and they prioritize claims that come with clear and upfront information.
Worried that your initial estimate might be off? No problem. You can always adjust the claim amount later in the process. But here’s the catch – not providing any amount upfront can seriously throw a wrench into the gears of the claim investigation.
Let’s do a quick recap:
Shipping lines prioritize claims with CLEAR information.
And what’s the key takeaway here? Don’t let the submission of claim breakdown figures sit on the back burner. Get it out there, even if it’s an approximate amount. The sooner you initiate the process, the smoother the journey.
Now, here’s a common question we often hear: “Can you submit a claim beyond 1 year of the delivery date?”
The short answer – it’s a bit tricky. While it’s not impossible, waiting that long can make the process bumpier.
Submit an approximate amount and adjust it later!
Cargo damage is a reality of the shipping industry. The key is to navigate the claims process like a pro – steer clear of delays, submit your figures, and make those adjustments as needed. So, fellow exporters, the next time cargo arrives damaged, remember this mantra: “Submit now, adjust later.”
Your cargo claim recovery might just thank you for it.
Recoupex is a hub of transport lawyers – experts in cargo claims. We assess your case quickly. We have successfully recovered claims from Maersk, Sealand, Hapag-Lloyd, Mediterranean Shipping Company – MSC, CMA CGM, and other carriers.