Port Botany Australia Photo 192992943 Cargo © Max421 Dreamstime.com

As well as large-scale catastrophes ,such as in Vancouver recently, the increasing frequency of freak weather events due to climate change is translating into a  rising level of risk to cargo, says insurer TT Club.

Cargo handling facilities in the tropics well understand the risk of hurricanes and cyclones, for example, but as TT Club MD loss prevention Mike Yarwood explained to The Loadstar, freak weather is starting to affect areas where it has not been anticipated.

“The underlying data shows that ...

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