22 Sep 2021

Project Cargo Shipping Risk Engineering Guide

Guide

5 min read

Project Cargo Shipping Risk Engineering Guide

Shipping on container vessels is becoming the transport method of choice for many oversized and heavy shipments. 

In our latest risk engineering guide, we explore what’s needed to ship this high-value cargo and ensure it reaches its destination safely.

Last year Liberty Specialty Markets insured more than US$7.5 billion of cargo related to key projects in the Asia Pacific region. 

While it represents big business opportunities, it's a potentially risky business as we experience losses that arise from simple handling damage as well as more catastrophic damage such as when cargo is dropped during loading or unloading.

This Risk Engineering Guide discusses the pros and cons of shipping project cargo by container vessels and explores the inherent risks that come with it.

Published by

Liberty Specialty Markets Asia Pacific