Costly storage


  • Date: 20/09/2016

A ship agent failed to spot that a bill of lading had specific instructions to arrange the delivery of 10 containers of cargo to the port’s free zone, where the consignee would have enjoyed a free storage period of 21 days from the port authority.

Instead, the cargo was shifted to the customs yard, where the cargo immediately started to incur storage charges at a rate of US$ 5.33/ ton. By the time the consignee took delivery of the cargo, one week later, US$ 25,500 in storage costs had been incurred.

ITIC reimbursed the ship agent. This is another example of where small mistakes can lead to significant costs being incurred.

Obtenir un devis

Get a quote

Remplissez le formulaire de demande de tarification approprié pour obtenir un devis.

Faire une déclaration de sinistre

Make a claim

Conseils sur la façon de faire une déclaration de sinistre

Parler à un de nos experts

Talk to our experts

Contactez-nous à l’ITIC
+44 (0)20 7204 2928

You are currently offline. Some pages or content may fail to load.