Transport communications

Portcare International is the press relations consultancy for the shipping and logistics industry. Formed by transport people for transport people. We can truly claim to understand our clients’ needs and ‘talk the same language’. Portcare provide effective, value for money PR to some of the industry’s best-known names.

TT Club

Abandoned cargo: alert to risk escalation

With supply chain congestion and widespread delays in the international container trades set to continue, the vexatious challenges of abandoned cargo will remain and probably increase. In its role as risk prevention advisor to the industry, TT Club has issued a StopLoss document to provide practical guidance on the issue to stakeholders across the supply chain.

The potential catastrophic impact arising from the deterioration of abandoned cargo cannot be disregarded as a remote risk. However, the considerable costs accruing from container demurrage, detention, storage and disposal regularly result from cargo that, for a variety of reasons, is no longer required by the original receiver or consignee, and is simply abandoned at a port terminal or cargo facility. Increased risks of safety and regulatory infraction are inevitably consequent, as well as significant demand on management and operational resources to resolve individual cases.

“Levels of cargo abandonment have always been problematic to forwarders, NVOCs, logistics operators and, of course container terminals,” comments Peregrine Storrs-Fox, TT’s Risk Management Director.  “The surge in container demand over recent months has however compounded container ship capacity issues, port congestion and consequent severe transit delays. These factors will do little to alleviate the practice of cargo interests, in circumstances of loss of market for goods or bankruptcy, simply relinquishing ownership of consignments.”

Those left with the responsibility of removing and/or disposing of the goods and returning the container to the appropriate carrier, are in need of guidance and TT’s StopLoss publication Abandonment of cargo: Avoiding the pitfalls is designed to deliver just that. It identifies ‘red flags’ that forwarders, logistics operators and carriers should consider – certain commodities such as waste, scrap, materials for recycling and personal effects – previously unknown shippers, particularly individuals rather than companies. Furthermore, once the cargo is defined as abandoned, the StopLoss outlines the role of enforcement agencies and the responsibilities of others involved in the supply chain.

“Above all the value of our guidance lies in mitigating the risks associated with abandonment and recommended actions outlined in methodical steps and a ten-point checklist,” concludes Storrs-Fox. “There needs to be a greater understanding of why cargo is abandoned and how it is handled in order to restrict the growth of a serious trend leading to increased safety and cost ramifications.”

Abandonment of cargo: Avoiding the pitfalls is available for download HERE

On 30 September 2021, Transport Events will be hosting a webinar sponsored by TT Club on the abandonment of cargo. Those wishing to learn more about this pertinent topic from a selection of industry experts are invited to register to attend here.

Speakers will include: Peregrine Storrs-Fox, Risk Management Director, TT Club; Richard Brough OBE, Director, Brough Marine; Jens Roemer, Vice President and Working Group Seatransport Chairman, FIATA; Bob Ahlborn, Vice President – Liner Operations, National Cargo Bureau; and Uffe Ernst-Frederiksen, Vice Chair, IVODGA.

ENDS

About TT Club:

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Cargo Integrity Group to launch its CTU Code Quick Guide in Italian at Genoa Shipping Week

JOINT MEDIA STATEMENT

On behalf of Container Owners Association, Global Shippers Forum, ICHCA International, TT Club, World Shipping Council

The Cargo Integrity Group (CIG) receives the support of Bureau International Containers (BIC) and Centro Internazionale Studi Containers (C.I.S.Co) in publishing its Quick Guide to the CTU Code, and the accompanying Container Packing Check List, in Italian.  The official launch of the documents will occur during Genoa Shipping Week (4th–10th October).

Continuing its mission to encourage the greatest use of, and adherence to the guidance generated by the IMO, the ILO and the UNECE and published in the Code of Practice for the Packing of Cargo Transport Units (CTU Code), the Group of five international freight transport orgainastions¹ has now added Italian to six other languages in which its Quick Guide is available.

In underlining the cooperation CIG has received in translating and providing peer review of the text, Peregrine Storrs-Fox, Risk Management Director at freight transport insurer TT Club commented, “It is vital to the cause of disseminating CIG’s Quick Guide to the CTU Code as widely as possible that those who are involved first-hand in packing containers, securing cargo and declaring content accurately can access in their own language this introduction to the Code’s definition of good industry practice. We are indebted to BIC and C.I.S.Co for their help with this Italian version.  Their industry knowledge and expertise has been key in producing an accurate translation.” 

The Italian Quick Guide and Container Packing Checklist is available HERE in addition to versions in all six official IMO languages – Arabic, Chinese, English, French, Russian and Spanish.  The Group is delighted to have been able to translate its publications into all these languages, encouraging wider easy access to the materials.

To promote the Quick Guide and, in particular the Italian edition, partners in CIG will be contribute to conference sessions during Genoa Shipping Week (https://www.gsweek.it). In addition to Peregrine Storrs-Fox, Lars Kjaer, Senior Vice President World Shipping Council will participate via video link.  The presentations will profile the content and methods of utilization of the publications, and how they both distill and give access to the lengthy and comprehensive CTU Code itself. Giordano Bruno Guerrini

Secretary General of Genoa based C.I.S.Co, the specialist consultancy group dedicated to container operations commented, “We are delighted to have contributed to the publication of these significant documents in Italian.  The pursuit of safety within

ICHCA invites submissions for 2021 TT Club Innovation in Safety Award

ICHCA International has opened the 2021 TT Club Innovation in Safety Award and invites submissions from anyone involved in cargo logistics who can show a demonstrable improvement to safety

ICHCA International, the global cargo handling association, has opened the 2021 TT Club Innovation in Safety Award, which aims to highlight the importance of safety at a time of increased operational demands on cargo handling infrastructure and operations worldwide. The goal of the Award is equally to champion and celebrate the many companies and individuals around the world who are 100% dedicated to ‘making it safe’ every day, and to acknowledge and foster innovation to improve safety in cargo operations and logistics.

Both ICHCA International and TT have a fundamental commitment to risk reduction throughout the supply chain, in particular to safety within cargo handling operations. Promoting such safety advice is paramount to the philosophy of the two organisations and the Award reflects this commitment.

In announcing the opening of the Award entry process for 2021, TT Risk Management Director Peregrine Storrs-Fox said, “TT has always emphasised the critical nature of loss prevention in its role as a primary supplier of liability insurance and risk management services to those in the supply chain industry.  As such, we remain dedicated to encouraging safety awareness and applaud ICHCA’s initiative in offering this prestigious award.  TT has worked closely with ICHCA for a number of years, producing safety advisory documents and urging sound operational.  We look forward to celebrating the wealth of safety innovation that will once more be encouraged by this Award.”

The Award is open to anyone – an individual, team or company – involved in cargo logistics.  Entrants are required to show that a product, idea, solution, process, scheme or other innovation has resulted in a demonstrable improvement to safety. 

The deadline for entries is 12 November 2021 and full details of the entry process and judging criteria can be found in both English and Chinese at https://ichca.com/tt-club-innovation-in-safety-awards.

The Award ceremony takes place in February 2022 where we will celebrate the shortlisted and winning entries.

ENDS                         

About ICHCA – International Cargo Handling Coordination Association

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.
Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan as well as Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

CTU Code Quick Guide now available in all six official IMO languages

JOINT MEDIA STATEMENT

on behalf of Container Owners Association, Global Shippers Forum, ICHCA International, TT Club, World Shipping Council

26 August 2021

In striving for greater awareness and usage of the CTU Code in order to improve safety in the intermodal supply chain, the Cargo Integrity Group (CIG) has published its Quick Guide to the Code, and its accompanying Container Packing Checklist, in Arabic, Chinese, English, French, Russian and Spanish

The five organisations[1] that are collaborating in CIG are dedicated to achieving greater levels of safety, security and environmental performance within containerised global trade.  The production of a Quick Guide to the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (CTU Code), along with a Checklist of actions required of those packing cargo in freight containers, is pivotal to achieving safe and secure transport.

Now the Quick Guide and Checklist have been translated from the original English into each of the other United Nations official languages and are available for download HERE

 In announcing the news, Peregrine Storrs-Fox, Risk Management Director of insurer TT Club commented, “We must have higher standards of cargo integrity, if we are to arrest safety deficiencies in the supply chain – most vividly demonstrated by the too frequent occurrence of container ship fires.  This means those in warehouses and manufacturing facilities who pack and secure cargo in containers, as well as shippers and forwarders preparing documentation and declarations that describe the goods in detail, must take responsibility to ensure adherence to safety guidelines.  The CTU Code covers such roles and practices and one of the primary aims of CIG is to promote its universal use.  The Quick Guide has distilled the Code, our multi-lingual versions will help disseminate it.”

The Group is planning further translations.  This is to create a better understanding of the complex dangers that may result from poorly packed or mis-declared cargo.  The flexibility of containerised trade, and its efficiency in the movement of goods means individuals, many kilometres from the ocean, and with little knowledge of maritime operations, or indeed other modes of transport, are tasked with packing containers with a hugely varied range of goods.  Enabling access to safety guidelines, in their own language is crucial.

“If a product is packed in an incorrect way, it is usually because the packers have not been properly trained or informed about the potential risks,” commented Richard Steele, CEO of the association representing cargo handling organisations, ICHCA International. “The goods involved in initiating fires, stack collapses and vehicles roll-overs may not always be the more obvious hazardous chemicals.  Badly secured steel coils, poorly stowed barrels of any liquid or inappropriately packaged charcoal could all result in incidents of serious injury, or even fatalities as well as significant cargo and property damage.  Such understanding must surely be improved by a wider implementation of the CTU Code.” 

In addition to these efforts, the CIG partners are seeking changes to the relevant regulatory requirements in order to improve their effectiveness.  It hopes to encourage monitoring of packing performance through cargo screening and more effective container inspection regimes.  CIG’s overall aim is to work with other industry and governmental stakeholders to instil a better understanding of safe cargo packing and handling practices throughout international supply chains.

ICHCA and TT Club Collaborate in the Return of the Innovation in Safety Award

ICHCA International, the global cargo handling association, with the support of international freight transport insurer, is once more hosting the TT Club Innovation in Safety Award after a hiatus in 2020 due to the pandemic.

The global supply chains and, in particular the cargo handling and transport operators that facilitate them, have been challenged as never before over the past year and a half.  In an environment of dynamic trade flow variation with mounting volumes in many areas, restricted capacity, congestion and disruption, it is vital to maintain vigilance in matters of safety. 

Both ICHCA International and TT Club have a fundamental commitment to risk reduction throughout the supply chain.  Their renewal of an award programme to profile and celebrate the work of those striving to find ways to mitigate such safety risks reflects the paramount aim within both the organisations’ philosophies.

Richard Steele is the newly appointed Technical Director of ICHCA.  “I am pleased that, early in my tenure, I am able to announce the re-introduction of this Innovation in Safety Award.  The world’s cargo handling industry functions, and its people live and operate, in stressful times,” he comments.  “At times like these when the exigencies of cargo flows, often peak to result in unparalleled congestion on berths and landside, that safety should be pre-eminent in our minds. This Award and the innovation it encourages will go some way to amplifying that message across the sector.”

The Award will be open to anyone – an individual, team or company – involved in cargo handling or logistics.  Entrants will be required to show that a product, idea, solution, process, scheme or other innovation has resulted in a demonstrable improvement to safety. The Award champions and celebrates the many companies and individuals around the world who are 100% dedicated to ‘making it safe’ every day. Equally, it acknowledges and fosters innovation to improve safety in cargo operations and logistics.

In announcing his organisation’s continued sponsorship of the Award, TT Club’s Risk Management Director Peregrine Storrs-Fox said, “A key part of TT’s mission and deliverable to its Members, and the industry as a whole, is to emphasise the critical nature of loss prevention, and to supply safety advice of the highest quality.  As such, TT remains dedicated to encouraging safety awareness and is delighted to remain intimately involved in the functioning of this Award. It aims to energise and bring visibility to any innovation in equipment, systems or processes that result in improvements in safety and we look forward to examining the wealth of ingenuity expressed in the entries this year.”

Details of entry criteria and deadlines will be announced at the beginning of September 2021.

About ICHCA – International Cargo Handling Coordination Association

Established in 1952, ICHCA International is an independent, not-for-profit organisation dedicated to improving the safety, productivity and efficiency of cargo handling and movement worldwide. ICHCA’s privileged NGO status enables it to represent its members, and the cargo handling industry at large, in front of national and international agencies and regulatory bodies, while its Technical Panel provides best practice advice and develops publications on a wide range of practical cargo handling issues.
Operating through a series of national and regional chapters, including ICHCA Australia, ICHCA Japan as well as Correspondence and Working Groups, ICHCA provides a focal point for informing, educating, lobbying and networking to improve knowledge and best practice across the cargo handling chain.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Regional winners of the Young International Freight Forwarders of the Year award revealed

Geneva/London, 10 August 2021 – FIATA International Federation of Freight Forwarders Associations and TT Club, international freight transport insurer, reveal this year’s regional winners of the Young International Freight Forwarder of the Year Award (YIFFYA).

The 2021 regional winners are:

  • Region Europe: Glauc Fornes Gil, FETEIA, Spain

Dissertation: More than just a freight broker

  • Region Africa and Middle East: Justin John Goedhart, SAAFF, South Africa

Dissertation: Agents of sustainable development

  • Region Americas: Georgina Alejandra Perez Perez, CIFFA, Canada

Dissertation: Delivering essential tools to the Western and Eastern Canadian Arctic

  • Region Asia-Pacific: Muhammad Wasif Wiqar, PIFFA, Pakistan

Dissertation: Million-dollar shipment

For over 20 years, the YIFFYA has been providing valuable training opportunities for young talent in the freight forwarding industry. The award also provides young professionals looking to develop their knowledge with significant networking opportunities. Today, in the context of the disruptive effects of the ongoing COVID-19 pandemic, investing in and nurturing the future talents of the freight forwarding industry has never been so crucial, making the YIFFYA competition more relevant than ever.

“We are pleased to have received such exceptional work from young professionals for this year’s award, despite the challenges we continue to face globally due to the pandemic,” said FIATA President, Basil Pietersen. “The quality of the dissertations and relevance of the topics addressed this year – covering areas such as bales of fabric, medical supplies, out of gauge plant, and laboratory equipment – truly demonstrate the resilience of the supply chain. It is an honour to contribute to the shaping of bright young minds in our industry.”

“Having been supportive of FIATA’s inspirational initiative to encourage young professionals in the freight forwarding sector for so many years, we at TT Club are continually heartened by the enthusiasm of the entrants to these awards,” said Mike Yarwood, Managing Director, Loss Prevention. “I would also like to acknowledge the forwarding companies, from national associations aligned with FIATA that encourage their employees to spend time and effort in laying out the details of their work projects for scrutiny. Such companies deserve recognition as responsible employers and praise for their professional development programmes.”

Both FIATA and TT Club are thrilled to continually recognize the inspirational and dynamic minds of the young freight forwarding community. Traditionally, the four regional winners would present their dissertations at the FIATA World Congress, with final judging and the announcement of the global winner taking place during the event. However, with the postponement of this year’s congress, the judging will be completed remotely and the global winner will be announced in November 2021.

About FIATA

FIATA International Federation of Freight Forwarders Associations is a nongovernmental, membership-based organization representing freight forwarders in some 150 countries. FIATA’s membership is composed of 109 Associations Members and more than 5,500 Individual Members, overall representing an industry of 40,000 freight forwarding and logistics firms worldwide. Based in Geneva, FIATA is ‘the global voice of freight logistics’ www.fiata.com.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1,100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more. www.ttclub.com

Risk mitigation: it’s all about effective communication

Freight transport and logistics insurance provider, TT Club announces a suite of risk management advisories in a new format and a variety of languages to guide transport companies and their operatives on common safety and security issues, providing key alerts to avoid damage and loss.

As a mutual provider of insurance cover, TT Club’s primary mission is the reduction of risk in the international supply chain. Succinct communication on a broad spectrum of relevant safety and security matters is of foremost importance in achieving this aim in an industry which is multi-national and multi-cultural.

The latest communication device that TT has launched is TT Brief. These two-sided infographic-style advice sheets are aimed at specific risks, for example fraud and road safety, and also include guidance on general good practice to avoid loss, such as attention to due diligence. This easily digestible guidance also has the potential to be designed into poster form to ensure that guidance is always in plain sight. In addition, in regions where the insurer has identified spikes in particular types of incident, the Brief has been made available in the appropriate languages.

The fraud Brief, for example is in Turkish, as a spike in claims of this nature involving the sub-contracting of cargo movements to fictitious carriers was identified as a growing problem. More widespread concerns about road safety have prompted the relevant brief to be available in Arabic, Chinese (both simplified and traditional), Spanish, French, Portuguese and Turkish as well as English. An illustration is shown in the attached PDF and the full suite can be downloaded  HERE

Commenting on the TT Brief initiative and other forms of communication in its library of advice, Mike Yarwood TT’s Managing Director, Loss Prevention said, “When formulating our guidance on risk mitigation, we believe effective communication is paramount. We are always concerned with delivering relevant insight, based on the sort of incidents we see, and how best logistics operators can avoid the situations that bring them about. In order that our messages are digested by the appropriate people and are fully understood we have devised a broad range of written and spoken communication channels. TT Brief is the latest of these.”

Further channels through which TT communicates range from its long-standing monthly advisory newsletter TT Talk to the more in-depth StopLoss series. From mid-2020 the Club has also been producing podcast materials, under the banner of ‘TT Live’, with one series on contractual issues and a second on theft and fraud already, in addition to using this medium for the monthly TT Talk articles.  More recently, utilising online webinar capability, TT has continued various campaigns, such as raising the issues around container ship fires and encouraging increased adoption of the CTU Code.

“Appreciating the mobile nature of our audiences, we have been deliberately developing our TT Live Podcasts,” comments Yarwood. “This easily accessible resource, available to listeners at any time, covers such topics as supply chain security, abandoned cargo and the distinctions between liability and cargo insurance cover. Directed at all sectors of the global container and freight transport industry we continue to deliver insight into the prevention of loss.”

About TT Club:

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com

Cargo Integrity Group calls for risk-based measures to prevent pest contamination

JOINT MEDIA STATEMENT

On behalf of Container Owners Association, Global Shippers Forum, ICHCA International, TT Club, World Shipping Council

The international freight transport organisations of the Cargo Integrity Group are calling for urgent action from actors in global supply chains to reduce the risk of pest transference through international cargo movements.

The five partners[i] in the Cargo Integrity Group, known as CIG, recognise the vital importance of focusing on the threat of invasive pests to natural resources across the world, and of the urgency in crafting risk reduction measures that address the situation. 

This call to action[ii] follows the intentions by pest control experts under the auspices of the International Plant Protection Convention (IPPC)[iii], to take all-encompassing, internationally imposed steps to mitigate such risks.  One measure under serious consideration is the mandatory certification of cleanliness for all containers prior to loading on board a ship, a measure that would have significant impact on global trade when it comes to both time and cost.

Lars Kjaer, Senior Vice President of the World Shipping Council (WSC), explains the CIG partners concerns around these very broad proposals: “We know that more serious risks occur among certain types of goods and from identified regions. The CIG recommendation centres on the need to provide proper risk assessments in defined trades and focus mandatory measures on these high-risk areas and cargoes.”

The partners in CIG are committed to ensuring that international trade is conducted in a safe, secure, and environmentally sustainable manner. They rigorously promote the use of the ‘Code of Practice for the Packing of Cargo Transport Units’ published by the IMO, the UNECE and the ILO (the CTU Code).

The serious issue of the transfer of invasive pests between different natural ecosystems is very much a part of this commitment. It is also crucial that the development of any such controls is undertaken in full consultation with other appropriate bodies, in particular the international agencies responsible for the governance of world trade and for the regulation of different modes of transport, as well as supply chain stakeholders and industry practitioners.

“There are identified risk areas and cargoes which must be addressed, and the CIG partners look forward to contributing essential industry expertise to the work of the IPPC to ensure an effective and efficient set of recommendations and best practices to stop the transfer of invasive species,” concludes James Hookham, Secretary General of Global Shippers Forum.

ENDS

NOTES FOR EDITORS


[i] The five organisations co-operating in the Cargo integrity Group are:

Container Owners Association (COA)

Global Shippers Forum (GSF)

International Cargo Handling Co-ordination Association (ICHCA International)

TT Club

World Shipping Council (WSC)

[ii] The full CIG submission to the IPPC can be accessed here: https://www.worldshipping.org/statements/the-cargo-integrity-group-issue-statement-on-the-avoidance-of-pest-contamination

[iii] The IPPC is an international convention, signed by over 180 countries and governed by the Commission on Phytosanitary Measures, part of the UN’s Food and Agriculture Organisation (FAO).  Agreed amendments to the convention are enforceable by all national governments which are signatories.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry, with a mission to make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more. 
https://www.ttclub.com/

TT Club Selects Insurity’s Oceanwide Marine Suite to Accelerate its Digital Strategy, Increase Functionality, and Streamline Operations

As the most comprehensive global marine solution available, Oceanwide Marine Suite will help TT Club accelerate its digital strategy by providing a more enhanced user experience and greater functionality in its cargo insurance business

HARTFORD, Conn. – June 22, 2021 – Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs today announced that TT Club has successfully implemented Oceanwide Marine Suite for its cargo insurance business. TT is a leading provider of insurance and related risk management services to the international transport and logistics industry. This new implementation of Oceanwide Marine Suite will accelerate TT’s digital strategy by streamlining the cargo insurance policy configuration process, facilitating faster collaboration with brokers and clients, and enhancing customer offerings.

Headquartered in the U.K., TT offers comprehensive coverage for transport and logistics service providers across the globe, covering all types of liability in a rapidly diversifying market environment.  TT’s customers include the world’s largest container shipping lines, many of the busiest ports, maritime and intermodal terminals, freight forwarders, and cargo handling facilities. 

Insurity’s Oceanwide Marine Suite enables TT to meet the freight forwarding industry’s developing digital needs by sharing enhanced underwriting offerings with their cargo insurance clients. Oceanwide Marine Suite will allow TT to promote real-time collaboration between multiple parties to offer operational efficiencies in the management and administration of marine cargo insurance policies. Various tools within the suite allow users to rapidly process referrals and proactively manage exposures, with complete data transparency.

“After a review of potential technology providers, we felt that Insurity’s Oceanwide Marine Suite would deliver to our customers a modern, dynamic and responsive system,” said Kevin King, TT Chief Operating Officer. “The global transport and logistics sector is driving towards increased digitalization in a quest to improve trading standards and efficiency. In this environment, we believe Insurity to be a strong business partner for TT. The advanced technology represented in Oceanwide Marine gives our forwarders and their clients a system appropriate to current and future needs.”

“Insurity is excited for TT to accelerate their digitalization initiatives even faster as they take advantage of various integration capabilities that Oceanwide Marine Suite offers. They will evaluate risk more easily and improve underwriting results through access to better analytics and intelligence about account and portfolio profitability across a variety of exposure criteria,” said Syl Mathis, Chief Insurance Officer at Insurity. “TT’s customers gain a modern platform which has functionality to provide immediate coverage and go above-and-beyond in fulfilling the trading needs of their members.”

About Insurity

Insurity is a leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs. Insurity is trusted by 15 of the top 25 P&C carriers in the US and has over 200 cloud-based deployments. Through its best-in-class digital platform and with unrivaled industry experience and thought leadership, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners. For more information, visit www.insurity.com.

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry, with a mission to make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more. 
https://www.ttclub.com/

Are your containers fit for purpose?

At a time of container supply imbalance leading to shortages, international freight transport insurer TT Club warns against cutting corners when it comes structural integrity, cleanliness and cargo-worthiness of those that are loaded.

The responsibilities of container operators providing empty boxes and those packing them with cargo should not be forgotten in a period when such equipment is in short supply and temptations to forego security and safety measures are strong. 

Containers have numerous touch points in any given supply chain, becoming the responsibility for shorter or longer periods with a variety of stakeholders. During these unprecedented times, TT’s continued message to all parties is one of resilience and continuity of robust practices. This challenging period, for those reliant upon the container, provides an opportunity to reflect on the roles and responsibilities defined within the Code of Practice for Packing of Cargo Transport Units (CTU Code)¹, as well as the necessary safety properties of a container and its suitability to carry its intended cargo.

Mike Yarwood, TT’s Managing Director, Loss Prevention comments, “The ripple effects of various national lockdowns, interruptions in trade and less predictable peaks and troughs in cargo volumes has resulted in severe imbalances of container equipment,” he notes. 

“Compounding the challenge, national stay and work at home policies have resulted in unexpected surges in consumer demand particularly for e-commerce goods, translating to beyond peak demand for empty containers in the dominant manufacturing centres of Asia.  These circumstances must not be allowed to lead to the widespread use of inferior container equipment or that which does not comply with industry standards.”

TT has for long promoted the use of the CTU Code but recognises its contents are lengthy and can be challenging to access.  Therefore, together with colleagues in the Cargo Integrity Group (CIG), it has made available the ‘CTU Code – A Quick Guide’² which includes a user-friendly Container Packing Check List. The Container Condition section asks the following questions:

  • Is the container exterior free from soil or other visible infestation by pests?
  • Is the container exterior in good condition, and not significantly distorted, cracked or bent?
  • Does the container have a valid CSC Approval Plate?
  • Is the container interior free from signs of damage, signs of water ingress, rust, residues, stains or debris?
  • Is the container interior free from soil or other visible infestation by pests?

While imbalances, delays and restricted availability will place additional stress on all those involved in the supply chain, maintaining rigour in operations is vital. The ultimate question – is your container for purpose? – must always be answered honestly and in full.

¹Code of Practice for Packing of Cargo Transport Units (CTU Code),

²CTU Code – A Quick Guide

About TT Club

TT Club is the established market-leading independent provider of mutual insurance and related risk management services to the international transport and logistics industry. TT Club’s primary objective is to help make the industry safer and more secure. Founded in 1968, the Club has more than 1100 Members, spanning container owners and operators, ports and terminals, and logistics companies, working across maritime, road, rail, and air. TT Club is renowned for its high-quality service, in-depth industry knowledge and enduring Member loyalty. It retains more than 93% of its Members with a third of its entire membership having chosen to insure with the Club for 20 years or more.

www.ttclub.com