ICC (C) does not cover risks of war, strike, but covers loss of or damage to cargocaused by earthquake or sinking.
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Insurancecontractisessentiallyacontractbetweentheinsurerandtheinsured.
Thefollowingservices()areperformedbytheforwarderonbehalfoftheexporter.
Theobjectiveininventorystrategyistoachievedesiredcustomerservicewiththeminimuminventorycommitment.
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Fumiionorderedbecauseofillnessofthecrewundertimecharteringshallbeforcharterer’saccount.