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JAS Worldwide

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It Will Never Happen to You, But What if it Does?

JAS Insurance Solution for Your Peace of Mind

By
Sarah Wilbanks
December 15, 2020

On November 30, 2020, the ONE APUS container ship encountered severe weather conditions while in route to California. As a result, at least 1,816 containers were lost overboard in one of the largest container losses on record and several more were damaged due to a significant stack collapse.

The World Shipping Council reports that every year an average of 1,382 shipping containers are lost at sea. While JAS and other service providers do everything possible to mitigate risk the situation with ONE APUS is just one of many events highlighting the unpredictable, and uncontrollable, disasters that can damage or destroy cargo while in transit. In these circumstances, cargo insurance can help protect against financial losses. JAS can provide insurance policies for both international and domestic shipments. Our experts can help guide you in finding the best protection fit for you and your needs.

Many shippers believe that the carriers' will cover any losses incurred. While in some cases this is a possibility, it is easier said than done. To recover the loss, you must prove the cause of the loss and that the carrier directly caused the loss. Losses caused by acts of nature frequently have no legal recourse against the carrier. Even when the carrier is proven liable, the maximum recoverable amount is limited to a fraction of the value of the freight. It rarely covers the cargo's full replacement value, or any damages incurred from losses in productivity.

Considering the number of containers displaced/lost, experts are of the view that this incident on the ONE Apus could be the worst ever containership disaster with potential loss and costs running into hundreds of millions."  Shipping and Freight Resource, Dec.5 2020

Beyond a carrier's liability limits, vessel owners can hold shippers liable for losses incurred to goods transported by claiming General Average. This is a maritime law principle whereby all stakeholders in a sea venture (shippers/consignees and shipowner) proportionally share losses resulting from a voluntary sacrifice incurred to save the vessel and cargo otherwise at risk. Suppose General Average is declared, and your cargo is neither damaged nor lost. In such cases, the marine insurer will cover the contributions you are due to pay before your cargo is released to make the onward journey, but this may be subject to an applicable deductible. Uninsured cargo owners must put up a cash bond before their cargo is released.

Through JAS, you can ship your cargo globally with a cost-effective Shipper's Interest insurance coverage, and in most cases, with zero deductible. In the event of a claim, JAS will administer the claim on your behalf, making reimbursement easy and headache-free. We produce the necessary paperwork, present the claim to insurers for efficient processing, organize and coordinate inspection surveys, and take any other steps required for the particular claim at hand. You need not be concerned with a General Average contribution because JAS's Shippers' Interest insurance also protects you and covers this extra cost without delay. JAS can therefore ensure that undamaged cargo is released to you as soon as possible.

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Breaking ground for a sustainable future: JAS Middle East embarks on a new journey with the groundbreaking ceremony for their state-of-the-art 'Build to Suit' Logistics Hub in Dubai South

JAS Middle East recently broke ground on an innovative 'Build to Suit' Logistics Hub in Dubai South.  

This state-of-the-art facility will boast a unique blend of cutting-edge technology and environmental consciousness, aligning with JAS’s Environmental, Social, and Governance (ESG) goals. Spanning a land plot of 212,160 square feet and a built-up area of 127,300 square feet, the ESG-compliant hub will be designed to tailor to specific logistic needs and prioritize eco-friendly practices. 

In addition to its functional aspects, the property will incorporate other sustainability measures such as the installation of solar panels on its roof—allowing JAS Middle East to achieve ESG credentials. These panels will not only offset monthly utility costs but will help JAS Middle East increase its independence from the national grid (DEWA).  

The office space within the hub, spanning 13,347 square feet over two floors, will offer modern amenities such as meeting rooms, open-plan working areas, and recreational spaces, ensuring a conducive environment for employees and clients. 

“This project represents a significant milestone for JAS Middle East and its esteemed customers,” says Erwin Wittemaier, Area VP for the Middle East, “This strategic investment underscores our commitment to our customers and the UAE market. We look forward to deploying new technology to provide best-in-class logistics solutions.” 

With the exciting groundbreaking of the Dubai Logistics Hub, JAS Middle East not only strengthens its position in the logistics sector but also sets a standard for sustainable infrastructure development in the region. 

JAS welcomes Christian Heinze as Global Head of the Technology Vertical.

JAS Worldwide is excited to welcome Christian Heinze as Global Head of the Technology Vertical, effective April 2, 2024. With this strategic addition to the leadership team, JAS reaffirms its push to expand its presence and expertise in the Technology and Semiconductor sector.  

Christian brings over two decades of success serving in senior operational and commercial roles within the global logistics industry. His deep knowledge of the semiconductor and solar industries has shaped critical supply chain transformations for clients across all modes of global transportation.  

Throughout his career, Christian has been instrumental in developing and implementing innovative commercial strategies that have contributed to significant business growth and fostered customer collaboration. His innate understanding of the industry landscape and proven track record of driving operational excellence make him a valuable asset to JAS’s growing technology vertical.

"Christian’s wealth of experience and passion for innovation aligns perfectly with our mission to deliver exceptional services to our Technology clients. His leadership will play a crucial role in expanding our service portfolio and solidifying JAS's position as a key player in the dynamic and fast-evolving semiconductor industry," Manuele Mazzacurati, EVP, Sales & Marketing, JAS Worldwide, expresses with enthusiasm.  

Christian Heinze's appointment comes at a key time as JAS continues its focus on operational excellence, offering innovative solutions, and adopting a sustainable approach to drive growth and create value for its customers globally.

Blue World Line

Dear Valued Customer, 

Due to the recent collapse of the Francis Scott Key Bridge in Baltimore, we are raising awareness that our services and contracts are affected by this situation.  

Therefore, in conjunction with similar actions taken by ocean carriers, Blue World Line hereby provides this notice, in accordance with the clauses 11 and 12 of its bill of lading, of the necessary re-routing of some vessels currently sailing to and from the Port of Baltimore. 

Cargo currently at the terminals in Baltimore will remain at the port until further notice and imports originally set to call the port of Baltimore have been rerouted to other US East Coast ports.  

JAS Worldwide, as agent for Blue World Line, is taking all necessary steps to preserve its transportation services for our customers and to mitigate the impact of this situation on your shipments. 

Lastly, this disruption will continue to impact our services along the east coast of the United States and drive booking and routing changes on both imports and exports calling the port of Baltimore.  We will continue our best efforts to keep you updated on the status of your shipments and any developments as they happen.  

We appreciate your understanding and cooperation in this difficult situation, and we will keep you updated on any additional developments. Please check back often at www.jas.com for the latest news. 

For any questions and concerns, please contact your local JAS office.  

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