Marine Salvage Claims Explained: Costs, Coverage, and Your Rights
August 18, 2026
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Introduction Marine salvage claims are requests for compensation for successfully saving a vessel, cargo, or other property from a marine
Practical guides, industry updates, and expert advice for importers, exporters, and freight forwarders across Southeast Asia.
Introduction Marine salvage claims are requests for compensation for successfully saving a vessel, cargo, or other property from a marine
Introduction Malaysia has become one of the key trade hubs in Southeast Asia, with businesses constantly moving goods across borders.
Introduction Standard marine cargo insurance does not always cover losses caused by war, conflict, or other geopolitical events. Marine war risk insurance is designed to provide protection for specific risks that fall outside standard cargo coverage. War-related events can create
Introduction Cargo insurance mistakes can lead to rejected claims, unexpected expenses, and gaps in financial protection. Even when a business has cargo insurance, incorrect coverage details or missed policy requirements can leave part of a shipment’s loss uninsured. Common problems
Introduction General Average in Marine Insurance is a maritime principle that allows certain losses or extraordinary expenses to be shared among the parties involved in a common sea voyage. When a deliberate sacrifice or extraordinary expense is made to protect
Introduction Buying cargo insurance for first-time importers is one of the most important steps before importing goods internationally. It helps protect your shipment from financial losses caused by theft, damage, fire, severe weather, and other covered transit risks. Since carrier
Introduction High value parcel insurance protects expensive shipments against financial losses caused by theft, damage, loss, or other unexpected events during transit. If you’re shipping valuable goods such as jewelry, electronics, medical equipment, artwork, or luxury products, purchasing insurance before
Introduction Every shipment your business sends carries financial risk. Goods can be damaged by rough handling, delayed due to unexpected events, or lost during transit. While cargo insurance helps protect your business from these losses, simply letting your policy renew
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