Platinum® Marine Insurance™ Australia
0800 166 716As one of Australia’s leading customs clearance brokers, we have the expertise to provide you with Platinum® Marine Insurance™.
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Protect Your Assets with Marine and Transit Insurance
Insuring cargo is crucial for businesses importing to or exporting from Australia. Despite the presence of INCOTERMS® 2020 on commercial invoices, many sellers and purchasers lack a full understanding of these terms, leaving their goods at risk during transit.
Marine insurance and transit insurance is essential to protect goods as they travel across borders, providing financial security should unforeseen events occur.
Marine insurance and transit insurance is vital for safeguarding your goods from potential financial losses due to damage, theft, or loss during transit.
These essential coverages often take a backseat to discussions about price and delivery speed. Platinum® Marine Insurance™ and Platinum® Transit Insurance™ offer robust solutions to protect your cargo.
Managing Risks at Every Step
Air Cargo Journey – Shipping By Air
The journey involves several critical steps:
- Cargo is produced, packaged, and dispatched from the manufacturing site.
- It is transported to the airport terminal.
- The goods are loaded onto an aircraft and fly to their destination.
- Upon arrival, they are unloaded and stored in the airfreight terminal.
- Finally, the cargo is collected from the terminal and delivered to the intended recipient.
Securing Less than a Container Load (LCL) Shipments
Shipping by sea with LCL involves a complex series of steps:
- Goods are manufactured, packaged, and dispatched.
- Transported to the freight forwarder’s facility.
- Consolidated with other shipments into a single container.
- The container is shipped across the ocean.
- Once at the destination, it’s offloaded from the ship.
- Taken to an unpacking facility.
- Cargo is separated and prepared for collection.
- The LCL cargo is taken by a transport service.
- Delivered to the final destination.
Managing Full Container Load (FCL) Shipments
For FCL shipments, the steps are:
- Goods are produced and packed into a complete container.
- Transported to the port.
- Loaded onto a vessel.
- Shipped by sea to the target location.
- Unloaded upon arrival.
- Collected from the port for direct delivery or further unpacking.
- Received by the intended recipient.
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The Consequences of Containers Falling Off Vessels
These processes illustrate multiple touchpoints where goods are vulnerable. Real-life incidents, such as containers lost overboard, highlight the necessity of robust insurance coverage to mitigate potential losses – such as the Incident history—YM Efficiency or the APL England container loss.
Platinum® Insurance Solutions: Your Strategic Partner in Customs and Coverage
With decades of experience as a customs broker, Platinum® is committed to ensuring your shipments are fully insured. We address who is responsible for insurance and secure the necessary certificates before any goods leave the dock or airport. Platinum® Marine Insurance™ and Platinum® Transit Insurance™ are designed to reduce the stress and uncertainty associated with shipping.
The Necessity of Platinum® Marine and Transit Insurance™ for Australian Cargo
Platinum® is equipped to arrange insurance for a wide range of goods either entering or leaving Australia. Securing insurance before departure is a critical step in protecting your assets in the complex landscape of global trade.
Confidence in International Trade: Expertise You Can Trust
With Platinum® Marine Insurance™ and Platinum® Transit Insurance™ you can approach international trade with confidence, knowing your investments are shielded against risks. Whether dealing with FCL, LCL, or air freight, Platinum® ensures your goods are comprehensively covered, protecting your business from the unpredictable nature of international shipping.
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Platinum® Marine Insurance™ and Platinum® Transit Insurance™ enquiry form
