Tags » Marine Cargo Insurance

Warehouse to warehouse clause

Warehouse to warehouse clause  — Why now? Is it not known to everyone dealing with Marine insurance? Many believe (and this includes seasoned marine practitioners, intermediaries, bankers and of course, logistics teams at corporate houses ) that once the ‘ warehouse to warehouse clause’ is added to their marine cargo policies,they have nothing to worry …. 1,341 more words

Marine Cargo Insurance

Alternative Basis of Valuation Clause

Alternative BOV clause — What is this?

As this relates to ‘Basis of valuation’, I will start off with what the initial paragraph in my post  841 more words

Marine Cargo Insurance

Scuttling, Sunk cargo & SCOPIC

Social media in June is abuzz with videos showing a large vessel being scuttled or deliberately sunk…….  the oohs and aahs, the likes and comments  followed as the giant ship  went down under, her cargo of iron ore fines forming a thick curtain in the sky and her funnel breaking off. 954 more words

Marine Cargo Insurance

Rain, rain, go away!

The south-west monsoon will hit India soon. Everyone looks forward to good rainfall so that agricultural harvests are good  which in turn will spur consumption and turn the wheels of manufacturing activities and drive the economy upward. 887 more words

Marine Cargo Insurance

New Normal... in underwriting

As the world waits with bated breath for a cure or vaccine to be found for the dreaded Covid-19 and as lock-downs all over are gradually getting eased, a new phrase has found its way into the dictionaries — … 1,219 more words

Marine Cargo Insurance

Human cargo

Human cargo? The phrase itself is wrong isn’t it?

A human being moving from one place to another by any means of conveyance will be called a passenger. 982 more words

Marine Cargo Insurance

If it is proved ............ then what?

This is a short post. A futuristic post. Maybe an imaginary post……… but at times truth is stranger than our widest imagination. If someone had told you in the beginning of 2020 that you will BE locked in your home for months, you would have laughed it off. 669 more words

Marine Cargo Insurance