TT Club warns of continued risk from fire

port equipment on fire

Source: Mercator Media

TT Club is warning cargo handling and terminals operators that fire remains a major cause of damage and losses to port and terminal equipment

The insurance specialist’s analysis of a decade of claims shows that of nearly 1,600 fire-related claims it has received over that period, 19% have involved this equipment.

TT Club commends a recent PEMA white paper which it says emphases the importance of regular maintenance, risk assessments, adherence to industry standards and mandatory regulations.

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