About TT Club
TT Club is the leading provider of insurance and related risk management services to the international transport and logistics industry. From the world’s largest logistics companies to individual transport operators – we provide quality tailor-made cover for our members.TT Club has unparalleled experience in transport and logistics insurance and at any one time handles over 10,000 open claims files – covering everything from bodily injuries, contractual disputes and mis-declared cargo to forklift truck collisions and sinking ships.
With nearly 50 years of service, TT Club’s wealth of experience brings you:
- Expertise in tailoring the right cover for you
- Experience in helping you to avoid unnecessary risks
- A single source of knowledge, readily available
- Confident judgements on whether a claim is worth pursuing in court or not
- Support from specialist surveyors, lawyers and other experts
An integrated service, unlike general insurers, we are transport specialists. Our network of local partners – spanning 200 countries – share our integrated IT systems. Our extensive geographic reach ensures we can always get the right person on site quickly – a local expert who not only speaks the language and appreciates the culture, but also understands all the applicable laws and regulations.
TT Club discusses how contracts are all about the detail
DHL arranged carriage of plant material from China to a refinery near Atyrau, Kazakhstan. The cargo was shipped to Novorossiysk, Russia. There DHL contracted with Globalink for it to be towed up the Ural-Caspian Canal on barges to Atyrau and to be taken on to the refinery by road. Globalink was characterised in the contract as forwarding agent arranging the carriage.
One of the two barges employed arrived at Kuryk, at the mouth of the canal, around a fortnight outside the permitted period under the contract, apparently because it was underpowered. It could not continue up the canal because the water level was now too low for its draught. A week later the canal closed for the winter. Three units of cargo were stored at Kuryk under a supplemental agreement between Globalink and DHL, pending re-opening of the canal the following spring.
Globalink claimed US$1.65 million from DHL for the costs of storage and transport and applied for summary judgement. DHL counterclaimed against Globalink for US$2.37 million, representing the additional storage and transportation costs incurred because the barge did not enter the canal as envisaged in the contract.
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