
The handling, stowage and transportation of steel cargo has been an ongoing focus of P&I loss prevention activity. The American P&I Club has published its latest publication: Transport Guidance for Steel Cargoes, which is a detailed guide (downloadable in pdf format below) running to some 100 pages with a view to offering a comprehensive overview of how to avoid claims arising from the carriage of these cargoes from a variety of related perspectives.
The frequency and costs of steel cargo related claims experienced by the American Club between 2000 and 2015 have been substantial. During this period, steel cargo claims have accounted for an astonishing US$ 15.4 million in financial losses to the Association.