Marine Hazards Every Exporter and Importer Should Worry About

The marine industry plays a crucial role in the international trade system. It helps the exporter to trade with the importer in the international market. In addition, it gives a significant push to the global economy. Essential commodities such as Grain, Sugar and Cement are generally supplied in bulk by vessels from one nation to another. However, such a process involves various kinds of risks. There are several marine hazards every exporter and importer should worry about.

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Marine Hazards Every Exporter and Importer Should Worry About

A vessel generally carries hazardous goods that need special attention and care regarding loading, transportation and unloading. Let us discuss some marine hazards every exporter and importer should worry about.

Cargo Falls

Cargoes, including steel, iron, etc, usually have high densities. Therefore, such cargo may fall while discharging the operations. It may fall on the ship deck. Workers working on the ship may sustain a severe injury. In addition, such a fall may also cause death to the worker. Therefore, the concerned supervisor must be obliged to monitor such operations. He needs to ensure that everyone should be present in the working area. He should ensure that every worker possesses or wears a helmet and other safety gear to avoid such risks.

Dust on the Cargo

Dust is another marine hazard every exporter and importer should worry about. Bulk cargo generally consists of specks of dust. Inhaling such dust may cause severe injury to the health of the workers. It may further irritate the eyes. In addition, the dust available in the cargo may cause sneezing issues. Therefore, it should be mandated by the vessel owner or caption of the ship that everyone wears a respirator while loading and unloading goods. Moreover, they must ensure that the goods or machinery are dust-free.

Fire

Fire is another risk that every exporter and importer of goods should worry about. The fire may emanate in the ship due to heat produced by bulk cargo.

For example, some cargo such as cotton, fishmeal and coal are likely to have heat and may be the cause of the fire on the vessel. Coal is famous for emitting flam gas. It may be explosive if it mixes with air.

Another cargo like Sulpher may cause dust which may explode at any moment. Therefore, the crew and caption of the ship must take necessary precautions to avoid fire. The exporter and importer must purchase or subscribe to a marine insurance policy in order to mitigate the losses caused by fire. The marine policy covers the loss or damage caused due to fire.

Oxygen Issue

Woods and agricultural goods may cause oxygen depletion in the ship. Such goods may release carbon dioxide. These kinds of shipments may cause a worker's life. The space remaining in the carriers may create a toxic atmosphere for the workers.

In addition, it may also cause accidents. Coal, fertilizers, and iron may deplete oxygen. These goods are also known for releasing gasses, including hydrocarbons, Carbon monoxide, and Carbon dioxide. Therefore, the exporter must ensure ventilation and properly inspect the ship before allowing the personnel to move to the ship.

Conclusion

One may notice several marine hazards every exporter and importer should worry about. The exporter and importer are required to inspect the ship at several intervals. The shipper must ensure to carry essential items such as a First Aid box in order to avoid medical issues. Further, the exporter must purchase a marine insurance policy in order to ensure the safety of the goods. The marine insurance policy indemnifies the policyholder against any loss or damage caused to the cargo loaded on the ship.

Written By: PolicyBazaar - Updated: 10 August 2023

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Policybazaar for Business - Marine Insurance - Customer Reviews
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4.3/5
Based on 114 reviews
4.3
out of 5
Based on 114 reviews
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87 users
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3.8 April 20, 2023
Anas
Great Experience
I recently purchased Marine insurance from Policybazaar for my shipping business and I must say I am thoroughly impressed with their service and coverage. From start to finish, the experience has been smooth and hassle-free.Thankyou.
Mizoram
4.3 April 03, 2023
Vaishnav
Provides Comprehensive Protection
When it comes to coverage, Marine insurance that i bought from PolicyBazaar has exceeded my expectations. It provides comprehensive protection for my cargo and vessels during transit, ensuring I can focus on my business operations with peace of mind. Thankyou.
Assam
4.3 March 17, 2023
Umang
Excellent Services
I highly recommend Marine insurance from PolicyBazaar website to anyone in the shipping or logistics industry. Their user-friendly website, comprehensive coverage, and excellent customer service make them stand out from the competition. With Policybazaar, I feel confident in navigating the high seas, knowing that my business is well-protected. Thank you, Policybazaar.
Chennai
4.3 February 28, 2023
Vishal
User Friendly Interface
The website's user-friendly interface made it easy to compare different plans and find the perfect fit for my business needs.Thanks
Gurugram
4.3 February 11, 2023
Parth
Prompt Services
I appreciate the transparency and honesty with which Policybazaar handled my claims. They were prompt in processing my claim and their claim settlement process was hassle-free.Thanks PolicyBazaar.
Noida
3.8 February 10, 2023
Rishabh
Exceeds Expectations
I recently had the pleasure of purchsing marine insurance from Policy bazaar website and I must say it has been an outstnding experience from start to finish. I am thrilled to share my positive customer review, as this truly exceeded my expectations. Thanks PB.
Jamshedpur
3.8 January 31, 2023
Arvind
Easy Navigation
The ease of navigating the Policy bazaar website and finding the right marine insurance policy was impressive. The website's user-friendly interface and intuitive design made it incredibly simple to compare various options, understand the coverage details and make an informed decision. I appreciated the transparency provided throughout the process. Thanks.
Ajmer
3.8 January 21, 2023
Vishal
Excellent Support
The customer service provided by Policy bazaar was decent. Their team was responsive, knowledgeable and went above and beyond to assist me at every step. Their professionalism and commitment to customer satisfaction were truly commendable.Thankyou.
Mumbai
4.3 January 11, 2023
Sanjeev Rathor
Efficient Process
When it came to claims processing, Policy bazaar demonstrated remarkable eficiency and effectivenes. I had an unfortunate incident during the coverage period and filing a claim was a breeze. The entire process was streamlined and their team guided me throuugh every necssary step, making it hassle-free. The promptness with which my claim was setled reflected their commitment to their customers' well-being and peace of mind. Thankyou.
Pune
3.8 January 01, 2023
Kunal
Comprehensive Coverage
I must mention the comprehensive coverage provided by the marine insurance policy I purchasd through Policy bazaar. It offered me the necesary protection and peace of mind. Thankyou PolicyBazaar.
Indore