Dear Valued Partner,
Recent events in the shipping industry have underscored the increasing risks and dangers associated with cargo transportation. We at CGF want to support the safe and secure transportation of your valuable shipments, and that's why we strongly recommend considering our Cargo Protect product.
Recent events highlight the urgent need for protection:
- Maersk Frankfurt Fire: A fire and subsequent explosions on this container ship resulted in the tragic loss of a crew member and a General Average declaration.
- Port of Ningbo Explosion: An explosion on the YM Mobility vessel caused significant damage and disruptions, with General Average expected to be declared.
- MSC Capetown III Incident: While thankfully no injuries were reported, a fire aboard this vessel in the Port of Colombo highlights the constant potential for unexpected events.
- Houthi Attacks and Piracy: Houthi attacks and the threat of piracy continue to make certain shipping routes highly perilous. Diversions around the African continent increase exposure to bad weather and further security risks.
These recent incidents serve as a stark reminder of the importance of cargo insurance. Cargo vessels face an array of threats, including:
- Fires and explosions
- Piracy and attacks
- Port disruptions and closures
- General Average declarations
- Natural disasters
With CGF's Cargo Protect, you gain peace of mind in knowing that your shipments are protected against these and other unforeseen events. Our comprehensive coverage helps safeguard your cargo and protect against possible exposure related to cargo loss, damage, or theft, helping to prevent disruption to your business operations.
Don't leave your valuable cargo exposed to unnecessary risk. Reach out to your CGF Account Manager or contact us through our website for additional details.
CastleGate Forwarding
