
TT Club’s analysis of 2020 claims points to an increase in impact related incidents, with corrosion of tank containers’ inner surface and contamination caused by cargoes previously carried as significant other causes of loss.
The analysis makes clear that the effects of increased volumes of tank containers used to trade chemicals and other liquids on the primary east-west trades have altered, to a degree, the risk profile of damage to such units. While in previous years there has been a consistent dominance of contamination as the major source of losses for tank container operators, the current figures show impact incidents as the foremost causation. Continue reading “Corrosion of tank containers’ inner surface now the main cause of claims says TT Club”