Dear Valued Customer, 

While traveling from Pusan to Vancouver, the Zim Kingston encountered severe weather, sending a significant number of containers overboard and damaging containers remaining on board. The full extent of the damage has not yet been confirmed.

Our customer service representatives will reach out to all clients who have been affected by this incident. If you are affected, it is possible that Zim will not be liable for the damages based on the “Perils of the Sea” exclusion in the Carriage of Goods by Sea Act. This may leave uninsured customers with little to no recourse.

Destruction on the high seas - Aerial view of Zim Kingston Fire. More than ten containers were burned and another 40 were thrown overboard.

Image Courtesy of United States Coast Guard

Close up of the smoldering wreckage and where the containers used to be before the incident.

Image Courtesy of Canadian Coast Guard

Unfortunately, these incidents have become too common in the past 18-months. Therefore, until these incidents subside, we highly recommend that all our clients purchase cargo insurance. For a nominal fee, this will secure your investment's protection – especially since rates continue to sit at historically high levels.

Please reach out to your OEC Logistics Consultant to understand how this option can help give you peace of mind and protect your investment.

Sincerely yours, 

OEC Group

The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement.

http://www.oecgroup.com

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