COVID-19 vaccine distribution may be an exciting opportunity for cash-strapped airlines, but carriers will need to work with their insurers to ensure any policies are suited to the new risks, even if they are experienced in the transport of pharmaceuticals. The sheer size of the logistics operation now required to deliver the vaccines across the globe and into its most remote regions is daunting. Indeed, the scale of the challenge is unprecedented. The International Air Transport … [Read more...] about How to protect vaccine shipments: an insurance perspective
freight transport insurance
TT Club welcomes impetus given to electronic bills of lading development
The target of 50 percent of all bills of lading to be electronic within the next decade has been set by the Digital Container Shipping Association (DCSA). The international freight transport insurer, TT Club welcomes the commitment by the group of container shipping lines that together operate nearly 70 percent of the world’s capacity. The initiative is consistent with the increasing trend towards digitisation across the industry to improve efficiency and reduce costs. However, the current … [Read more...] about TT Club welcomes impetus given to electronic bills of lading development