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Without effective cargo risk management, multinational companies risk losing $$$K with each shipment in Africa.

In just under 3 years, Africa has witnessed 8 forceful change of political power. These and other types of risks make Africa a unique business terrain for
multinational
companies.

One of the most critical aspects of doing business on the continent is the shipment of goods to and from its numerous ports or crossing several borders. While
cargo risk management in Africa
is fraught with complexities,
those who master it not
only safeguard their
operations but also
carve out a significant
competitive advantage.

The ability to collect and visually assess risks in real time across different countries is a super power that is also recognised by carriers like Maersk.

In its The Future is Now: Digitalisation of African Supply Chain Management Systems, Maersk concedes that
Cloud computing enables real-
time data collection, collation,
and analysis, which assists
businesses in making
better decisions.

For multinational companies, this digital approach translates to streamlined operations, reduced costs, and a competitive edge.

For cargo underwriters seeking to provide an Africa-wide all-risk marine cover, technology offers more accurate
risk assessment, quicker claim
processing, and ultimately,
more competitive
premium
pricing.

P.S. If you are a supply chain / risk manager or a cargo insurer looking to mitigate risks for multinational companies in Africa, let us help.

It has been an absolute pleasure spending time with you . Until next time, au revoir

Did you know that carriers often employ various legal defences to avoid or limit their liability in cargo claims?

Understanding and countering these defences can be challenging for cargo owners and shippers, particularly when dealing with complex legal concepts and international conventions.

To navigate legal defences effectively, it's essential to have a solid understanding of the applicable laws and conventions.

Consult with legal experts to ensure you're well informed about the relevant legal framework and prepared to counter any defences presented by carriers.

How do you tackle legal defences presented by your carrier? Let us know in the comments!

Happy New Week

The loading of a vehicle is a crucial process that needs expert handling and care.

In Roll-on/Roll-off (RoRo) shipping, a Grimaldi representative drives the
Tiguan from the secure lot onto the ship. Here, it's parked and secured to
the deck to prevent movement during the voyage.

If we were using container shipping, the Tiguan would be placed inside a steel container, in which a crane is loaded onto the ship.

In both scenarios, visual evidence of the loading process is essential. Photos
of the car as it's driven onto the RoRo ship, or as it's secured within the
container, provide documented proof of the vehicle's condition and proper
loading.

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