monkeytassle
Striker
They are tearing hair out. Claims for fuel. Delayed delivery. Idle time. Perishable cargo. This is going to be brutal for insurersI suspect your mate in insurance will as well. Go for the ripping off a plaster approach.
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They are tearing hair out. Claims for fuel. Delayed delivery. Idle time. Perishable cargo. This is going to be brutal for insurersI suspect your mate in insurance will as well. Go for the ripping off a plaster approach.
They are tearing hair out. Claims for fuel. Delayed delivery. Idle time. Perishable cargo. This is going to be brutal for insurers
Sounds like it could be catastrophic for them like.
That's a phenomenally good article, best thing I've read about the subject.Great article on FT Alphaville ..
(and a quick lesson in hydrodynamics)
Why bother controlling it ?It’s going to have to be a controlled explosion isn’t it?
That's brilliant, so clearly explained.Great article on FT Alphaville ..
(and a quick lesson in hydrodynamics)
They are tearing hair out. Claims for fuel. Delayed delivery. Idle time. Perishable cargo. This is going to be brutal for insurers
How fittingLogon or register to see this image
No Trump otherwise you know he's giving press conferences orating on America's great, great canals and suggesting sending a fleet of helicopters to carry it back out to sea.Surprised the Americans haven't carpet bombed it yet to clear the passage.
It's clearly not the fault of the canal operator here. I can certainly imagine the operators of the ever given facing some devastating claimsIn relation to the claims discussion: Does the operator of the canal guarantee passage? I presume you need to book in advance, however, I also presume they’re not daft and have clauses within the terms so they aren’t liable for additional cost or time delay if the canal isn’t operational. Any vessel who have elected to go around the horn have done so to mitigate their arrival date delay. There will be cargo in these vessels which will be subject to LDs so the knock on claims could be massive, but I can’t see that the canal operators would leave themselves wide open, certainly not in a captive market.
Vessels which have been caught up mid navigation is a slightly different story.
It's clearly not the fault of the canal operator here. I can certainly imagine the operators of the ever given facing some devastating claims