Understanding the Risks at Sea
Identifying Risks in Sea Freight
- Storms and Hurricanes: Sea freight is vulnerable to unpredictable weather conditions, including storms and hurricanes, which can impact vessel schedules and cargo safety.
- Sea Conditions and Waves: Rough seas and large waves pose risks to cargo, potentially leading to damage or loss during transit.
- Port Congestion: Delays and congestion at ports can disrupt schedules, leading to potential delays in cargo loading and unloading.
- Regulatory Changes: Changes in international maritime regulations can introduce complexities and uncertainties in sea freight operations.
- Piracy and Security Threats: Sea routes, especially in certain regions, may face security threats from piracy, necessitating proactive measures to safeguard cargo.
- Container Thefts: Cargo theft is a concern, and securing containers during the entire journey is crucial to prevent unauthorized access.