The spread of the coronavirus (COVID-19) has understandably captured the world’s attention. Here at Sedgwick, we are keeping a close eye on the situation and the resulting impact to our clients. This includes the marine industry, as 90% of the non-bulk world trade cargo is carried in containers.
COVID-19 is impacting the marine industry in several ways:
- Approximately 105 sailings (container vessels) have already been canceled from Asia to Europe and America—with more likely to follow
- Delays and vessel availability/temperature regime challenges have impacted perishable goods. Lack of labor could also come, as we’re already seeing signs of this in Asian ports. We’re also seeing increased notices of abandonment for cargo on water globally
- Event cancellations are also impacting our industry, as they can be part of a marine cargo policy. Countries like the Netherlands are seeing increased claims for items such as staging that's been shipped for big concerts and events
We want to assure our clients that our global marine team can respond quickly and help by expediting claims and lowering claims costs. We can also advise on measures to be taken to minimize losses.
If we can support your program—or the health and safety needs of your employees and customers—in any way, please reach out to one of our marine team members below. Additional information on our coronavirus preparedness and response services, along with related insights from our subject matter experts, is available at sedgwick.com/coronavirus.
Ton Schox, Head Marine Continental Europe and Marine Specialist Practice Group Leader +31 651 257 887 | email@example.com
Ronnie Adcock, Senior Vice President, Sedgwick Global Marine +1 214.435.8951 | firstname.lastname@example.org
Darin Miller, National Marine Manager and Senior Surveyor, Sedgwick Global Marine +1 713.557.7059 | email@example.com