Bad packing, misdeclared cargoes harm container carriers
Risk Management

Thursday, December 27, 2012
   An analysis of cargo and container "incidents," such as leakages, explosions, fires, and stuctural failures of flexitanks or valves, finds more than two-thirds involved dangerous goods, half including leakages and 21 percent misdeclared, said the insurer TT Club .    The company recently undertook an analysis of data collected through the  Cargo Incident Notification System (CINS) of the Container Owners’ Association, a group whose members account for 52 percent of cont...
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