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  Shipping perishable goods like fresh produce, seafood, pharmaceuticals, and flowers involves unique logistical challenges. Temperature fluctuations, delays, and improper handling can lead to significant spoilage and financial loss. That’s where marine insurance for perishable goods shipment becomes crucial. This type of specialized coverage offers protection against the heightened risks involved in transporting time- and temperature-sensitive cargo across oceans. Why Perishable Goods Require Special Marine Insurance Perishables are among the most vulnerable cargo types in global logistics. They require specific storage conditions—usually refrigerated containers (reefers)—and quick delivery timelines. Unfortunately, shipping delays, power outages, mechanical failure in reefer units, or port congestions can severely impact product quality or lead to complete loss. A 2023 study by the Food and Agriculture Organization (FAO) estimates that 20-30% of global food shipments are lost o...

  In the high-stakes world of global trade, securing your ocean freight with the right marine insurance policy is no longer optional—it’s essential. Whether you're a small exporter or a multinational enterprise, understanding how to choose marine insurance for ocean freight can be the difference between safeguarding your investment or risking catastrophic losses at sea. Why Marine Insurance for Ocean Freight Matters Ocean freight is exposed to multiple risks such as storms, piracy, port delays, container loss, and damage in transit. According to the World Shipping Council, an average of 1,382 containers are lost at sea each year . With cargo vessels carrying billions of dollars worth of goods, even one mishap can cause financial ruin. That’s why it’s vital to choose the right marine insurance policy tailored to your shipping needs. Key Factors in Choosing Marine Insurance for Ocean Freight Below are critical factors to consider when selecting marine insurance for ocean freight: 1. ...