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Member, Beacon International Group, Ltd.
Calls for the importers and exporters to urgently review their freight insurance are getting stronger following recent major shipping incidents such as the chemical fire on a vessel near the Sri Lankan coast and the Ever Given containership’s Suez Canal blockage, Bdaily News reported. Anton Gunter, director of the U.K.-based freight forwarder Global Freight Services Ltd., has warned businesses in the U.K. against huge costs they could face without proper insurance protection for their goods.