Businesses warned of shipping insurance risks

Global Freight is advising importers and exporters to urgently review their freight insurance following another major shipping catastrophe. Managing Director Anton Gunter said businesses could face huge costs without the appropriate insurances in place to protect their goods against loss or recovery from a major incident. The warning comes after a chemical fire broke out on board a container ship travelling off the coast of Sri Lanka on May 25 and the recent events in the Egyptian Suez Canal where a giant stranded container […]