Gard, a prominent marine insurer, has once again highlighted the serious risks associated with bulk cargo liquefaction. This warning specifically targets shipments of iron ore fines originating from ports along India's east coast. The renewed emphasis on this hazard stems from a recent and tragic event where a bulk carrier experienced a loss of crew lives in the Bay of Bengal, underscoring the severe consequences of liquefaction.
For freight forwarders and operations managers, this alert means heightened scrutiny is required for any iron ore fines shipments from India, especially from its eastern ports. It is crucial to ensure that all cargo presented for loading, particularly bulk commodities prone to liquefaction, strictly complies with the International Maritime Solid Bulk Cargoes (IMSBC) Code. This includes verifying moisture content certificates (FMP and TML) and ensuring they are recent and accurate. Failure to do so could lead to vessel instability, potential cargo shifts, and catastrophic losses, impacting schedules, insurance claims, and overall supply chain reliability. Forwarders should communicate these risks clearly to shippers and carriers, advocating for robust pre-loading inspections and documentation.
While the article does not specify immediate next steps, the implication is a continued focus on compliance and vigilance within the maritime industry regarding the safe transport of bulk cargoes. Carriers and shippers are expected to reinforce their safety procedures to mitigate these known risks.
