Chemical manufacturers shipping on a global basis have two key concerns – minimizing their total cost of ownership and ensuring the safety of people, products and their brands.
Chemical manufacturers adhere to the highest safety standards during the manufacturing process. However, for a variety of operational reasons, weaknesses in the supply chain are often apparent. Only 2% of containers worldwide are inspected before shipping – and poorly packed cargo accounts for 65% of all damage incidents. The estimated financial impact from cargo losses overall worldwide is $50 billion.
This contrast in standards is about to become significant. The latest version of the IMDG Code now makes explicit reference to the CTU-Code with regard to properly securing cargo. This means that companies will need to take a much closer look at their shipping responsibilities. The CTU-Code states, “although the carrier generally is responsible to deliver the cargo in the same condition as received, it is the shipper who should deliver a cargo that is safe and suitable for transport.”[1] Complying with the CTU-Code now means complying with the IMDG Code – and by choosing not to comply with the CTU-Code, shippers are not complying with industry best practice.
At Cordstrap, we welcomed the CTU-Code when introduced as industry best practice on how to secure cargo. All innovations designed by us are designed with this in mind and we are the only supplier of cargo securing with CTU Code Compliance Certification from Lloyd’s and MariTerm . Our revolutionary solutions for container cargo securing, AnchorLash and CornerLash, are fully CTU-Code compliant.
Cordstrap’s unrivalled resource also ensures our container solutions are fully supported by training and implementation from local cargo securing experts, enabling standardization and consistency. By using the world’s leading securing partner, our chemical industry customers have the confidence of unrivalled physical insurance for their cargo, people and brands.
With four simple questions, we can give preliminary cargo securing advice that is 100% CTU Code Compliant. Just click here and you can be applying our knowledge to your specific requirements within minutes.
[1] CTU-Code, 2013
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