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Is India the next China

25-01-2016

After China, India is the most populous nation in the world, and probable to become number 1 in term...

The Chinese New Year’s Effects on the Sh…

25-01-2016

In today’s global world, it is significant to take a note of the holidays around the world which may...

Amazon as an NVOCC

25-01-2016

One and all in the international shipping industry is speaking about the latest news that Amazon has...

 
 

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Cargo insurance

Steamships, airlines, trucking companies, and ports are not responsible for much. Liabilities are somewhat nebulously stated and are limited in ways that are even more unclear. Everybody knows that an entire ocean container is covered at only US$500, and this is only if the carrier is held liable for the loss. For international air shipments, liability is limited to US$9.07 per pound (US$20.00 per kilo).

Based on this info data, that means that most of shipments are insured for less than their actual value. That’s why we highly recommend that you take Insurance coverage for your cargo. We are able to arrange complete CY to CY or door to door coverage for your cargo against: loss, damage, war, fire or civil commotions. Our company will handle all the paperwork for you including filing a claim with the insurance company and the carrier, issuing insurance certificate, follow up and billing process.