The new policies for transport ship owners announced by the authorities have been praised by the customers. It ensures that the transport ships will now have to focus more on the protection of the goods they carry. It cannot be proclaimed that the results will be hundred percent, but we are sure to see a gradual decline in the claims filed by frustrated customers over water damage.

Claims for damages against water penetration have risen to such an extent that it put the industry under a huge question mark. The authorities were nagged by the receding condition of the quality of the ships carrying precious goods. While companies claimed to have furnished their clients by paying money against their damages, clients have pushed the fact up that such compensations were ruining their businesses. The receiver at the other end does not wish to put up faulty products for sale in his stores. While sending faulty products is not the intention ... Read more »