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Liabilities could break retailers that charter boxships, experts warn

Hiring vessels does not guarantee jumping the queue, and the magnitude of risk if things go wrong is immense, according to insurance brokers and lawyers

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‘If the port where the goods are to be discharged is suffering chronic delays — whether due to the pandemic or any other reason — the chartered vessel may be stuck outside the port, along with others’ — insurer

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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