News / More accidents caused by hazardous cargo shipments, but higher insurance premiums unlikely

30/11/2016

The rise in major incidents involving hazardous ocean cargo and growing concerns about danger to aircraft and flight crews from dangerous goods – especially improperly declared shipments – is a major concern for operators and the transport industry overall.

Insurers might be worried, but structural changes ...

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P Balasubramanian
November 30, 2016 at 3:15 pm
Thank you Ian for highlighting this since this topic needs repetition any number of times. As one closely associated with this subject, it is still amazing for me to note that Regulators are more keen on banning the ‘compliant’ ones rather than ‘primarily punishing the culprits’ at the beginning of supply chain in addition to ‘regular oversight’ and continuous outreach. This responsibility needs to be supported much more by all the regulators. The industry is already on this route. It takes two hands to clap!

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