Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
A “cautious” Hapag-Lloyd has warned it will not accept bookings if port congestion leaves cargo ...
With the rapid rise in the use of container tracking devices, the cargo insurance industry is increasingly concerned over the question of data ownership.
Shipping consultant Drewry said there would be almost nine million boxes fitted with tracking and telemetry equipment by 2026, with Hapag-Lloyd’s decision to fit trackers to its fleet of dry boxes likely to initiate a scramble among container lines to implement similar systems.
However, Mike Yarwood, loss prevention MD at insurer TT Club, told The Loadstar: “I’ve yet ...
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