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International Transport Overview: Actors, Risks, and Insurances

Explore the International Transport Convention, key actors, risks, security measures, and insurances in maritime, air, road, and rail transport. Learn about carrier responsibilities and insurance requirements in global transportation.

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International Transport Overview: Actors, Risks, and Insurances

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  1. ECOLE DE MANAGEMENT LEONARD DE VINCI The International Transport

  2. Outline • Transport’s International Convention • The actors • Risks, Security and Insurances

  3. International Transport Convention • Maritime transport : Lower costs but a longer delay. • Air transport :Rapid but have higher costs. • Road transport : Flexibility and Autonomic but with a difficult circulation. • Rail transport : Secured and Economic but limited by the rail network

  4. International Transport Convention

  5. The Actors Parts of the contract The addressee The carrier • Substantive law • Evolution of the case law (Mercandia’s decision) • interested Parts of the contract • Representives • Handling • Storing • Brokers

  6. Risks, Security and Insurances Definition of the insurance transport • The insurance is an agreement by which the insurers make a commitment, for payment of a bonus by the insurants, to indemnity these or the carriers of mandates in case a damage is undergone further to a fortuitous event called risk and which is covered in the term of the aforementioned agreement. The necessity of being insured • The appreciation of the risks of transport is made complex because of the extreme variety of factors occurring during the transport, like : • Major events: fire, Accident characterized.( Origin outside the goods, such as wreck, collision, fire, derailment, traffic accident, etc.). • Major events + Break-in (Breakage), Loss, Flight (Theft), etc.... ( Along the way and during the phases of handling) (load / unloading, transshipment, intermediate stays).

  7. Risks, Security and Insurances Who pays the insurance ? • The unique(only) responsibility of the salesman is to give the goods to the buyer. The revision 2000 of the incoterms re-knows a very used practice: the salesman takes care and is responsible for the load of the goods on the vehicle of the buyer (subject to indicating EXW loaded). The buyer supports(bears) all the expenses inherent to the transport, the departure of the factory instead of destination. • The cost of the insurance depends: • the nature of the goods • the quality of the packaging and the marking • the way of transporting • the route and the served geographical zone • the chosen guarantee.

  8. Risks, Security and Insurances The nature of the responsibility of the carrier in which cases she (it) intervenes • The road carrier • The railroad carrier • The maritime carrier • The river carrier

  9. THANK YOU FOR YOUR ATTENTION

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