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...n that a container ship had lost cargo overboard off the NSW coast. As more details emerged, it was found the Singapore flagged container ship APL England had experienced a temporary loss of propulsion during heavy seas about 73 kilometres south-east of Sydney. The vessel w...
... are complications here too. Key US refineries have closed thanks to hurricane Ida, leading to more scarcity and higher prices. Currently, China produces around 10 per cent of the world’s urea (and one-third of the world’s diammonium phosphate, another key agricultural inpu...
...id. “As consumers, we tend to assume that if we buy goods here in Australia, they’ll be delivered but sellers aren’t necessarily obligated to cover goods on a delivery. They may leave it for the buyer/receiver to work it out.” Mr Clark said NTI’s Shipping and Delivery Insur...
...of Marine, notes, “We’re still learning. Understanding the technology is critical. Our data scientists are still studying the results and making sense of the data.” One thing is certain, though: hungry patrons in Shanghai were able to enjoy genuine-article Australian beef, ...
...les causing delays We’re all well versed in the conflict happening in Ukraine, Russia, Israel and Palestine, along with political unrest in other regions and the impact this is having on global shipping. For example, current issues in the Red Sea have resulted in cargo vess...
...iders and Brokers, we need to understand the shifting landscape impacting our clients to gauge the appropriateness of coverage. Tariff Tensions: Winners, Losers, and Strategy Shifts Tariffs have dominated the headlines in recent times, especially with the shifting U.S. trad...
...g parks and spaces here in Australia. “With normal routes having changed for ships due to port closures, there’s been a significant increase in blank sailings, leaving containers unmoved for weeks, or even months, and subsequently clogging up valuable space,” says Andrew. A...
...things to consider here – as well as the limit of liability and the number of passengers – is the activities the vessels are undertaking. For example, for tourism boats, smaller ferries, charter boats, sightseeing vessels and the like, P&I cover provided by Institute Clause...
...2/05/25 4 min read We've created a helpful downloadable resource summarising this information. Download here. Marine insurance plays a significant role for many Australian industries including Transport and Logistics, but it’s not always well understood. There are multiple ...
...ensive protection, we ensure your items are safeguarded throughout the journey, giving you peace of mind. What do we cover? NTI Inland Transit Insurance covers a broad range of goods from vehicles and campers, to dry goods, boats and more. For information on goods that we d...
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