The UK P&I Club has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty to publish practical guidance for ship owners and operators on how to carry heavy-lift and project cargo safely at sea.
Roughly seven months into the Los Angeles and Long Beach ports slowdown with, unfortunately, no end in sight, and manufacturers in just about every industry, from electronics to home goods, are feeling the pain.
Lack of preparation leaves supply chains in Brazil, China, India and the United States more vulnerable to climate risks than those in Europe and Japan, according to research released by CDP and Accenture. However, suppliers in China and India deliver the greatest financial return on investment to reduce their greenhouse gas emissions and demonstrate the strongest appetite for collaboration across the value chain.
The globalization of today's economy means that businesses are more interconnected than ever, creating a greater risk of business interruption, supply chain disruption, and exposures that can quickly multiply.
Three transportation industry groups, with support from the U.S. Federal Highway Administration, have formed the National Operations Center of Excellence.