The Importance of Cargo Insurance for Global Freight Shipping

Here’s a brief introduction to the importance of cargo insurance and the different risks associated with freight management: (Originally published by Pierre Kitts in skyferlogistics.com) Whether you ship your freight by land, air or sea, obtaining comprehensive cargo insurance coverage is a crucial aspect of global freight management. The primary benefit of purchasing cargo insurance
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Which is the life expectancy of a shipping container?

Container’s life expectancy? Shipping containers are built to last. Their specific structure and materials allow them to resist an arduous life of frequent use traveling around the world without suffering major damages. This “boxes” are made with Cor-ten steel. This type of steel has a chemical composition that protects against corrosion. Even when gets rusty,
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Do I need Third Party Liability insurance?

Third Party Liability Insurance is something that every business owner should seriously consider. In logistics, this type of coverage gains importance due to the nature of the activities developed and the contact with clients, suppliers and other third parties that is required along the supply chain. Why is it called Third Party Liability Insurance? According
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Container ships get bigger: Potential for catastrophe?

container ship size| ici
When talking about container ship size, the trend is “The bigger, the better”. That seems to be the thinking of the largest shipping lines, which nowadays count on their fleets with 19,000 TEU’s vessels. However, even if mega container ships are a big deal for the maritime transport, some experts assure that the benefits come
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Misdeclared Cargo and packing failures are common cause of maritime accidents

Misdeclared cargo and leakage represented four of each five maritime incidents related to hazardous cargo in the year 2015, according to the Argentinian firm OMNIA, specialized in maritime affairs.  The information comes from a study performed by the Cargo Incident Notification System (CINS) an organization that stores data from maritime incidents provided by the largest
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Top reason to get ICI´s “All risk” coverage for intermodal units

There is nothing compared to the peace of mind that comes with knowing that your property is safe and in the best possible hands. But Container transportation involves many risks for the container and for the content. In case of any loss, it´s important to have the decisive support of an insurance company that can provide personalized attention and quick response to
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