The Difference Between Institute Cargo Clauses A, B and C
The Difference Between Institute Cargo Clauses A, B and C Have you ever stared at your marine cargo insurance policy, wondering why a storm-damaged shipment from Port Klang to Rotterdam was denied coverage under Clause C but passed under Clause A? In the turbulent seas of trade in 2025—where Asia-Pacific claims are expected to rise […]
Overview of Main Types of Marine Cargo Insurance
Overview of Main Types of Marine Cargo Insurance You may not be very familiar with marine cargo insurance, but it is a very important link in the import and export industry. Imagine if your cargo sails from Port Klang but is severely damaged in a Pacific storm, which will result in huge losses. As a […]
Common Terms You Must Know in Marine Cargo Insurance
Common Terms You Must Know in Marine Cargo Insurance Common terms in marine cargo insurance include insurable interest, which is the financial stake in the goods, and indemnity, where the insurer restores the insured to their pre-loss financial position. Key document terms are the bill of lading, which is the contract of carriage, and INCOTERMS, […]
The Role of Insurance in International Shipping
The Role of Insurance in International Shipping In today’s fast-paced global trade, where international shipping handles over 90% of goods movement, risks like storms, piracy, and geopolitical tensions are on the rise. The role of insurance in international shipping goes far beyond simple financial payouts—it’s your risk barrier, compliance shield, and foundation for trade confidence. […]
What is the difference between marine cargo insurance and marine hull insurance?
What is the difference between marine cargo insurance and marine hull insurance? Do you know the difference between marine cargo insurance and marine hull insurance? In the complex world of international shipping, marine cargo insurance and marine hull insurance are often confused. They provide distinct protections—one safeguards your cargo from accidents while the other protects […]
How Marine Cargo Insurance Works in International Trade?
How Marine Cargo Insurance Works in International Trade? As a Malaysian freight forwarder, we handle complex logistics daily—from exporting electronics from Penang to Europe, or importing raw materials from Southeast Asia. In the international shipping market exceeding $28 trillion in global trade, marine cargo insurance is not just a risk buffer but a core mechanism […]
What Is Marine Cargo Insurance and Why It Matters in Global Shipping?
What Is Marine Cargo Insurance and Why It Matters in Global Shipping? Have you ever wondered what would happen if your cargo was lost, damaged, or delayed in the middle of the ocean?For many exporters and importers, a single incident at sea can lead to massive financial losses, disrupted supply chains, and even lost clients. […]