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How To Manage Risks Of Your Project Cargo?

how To manage risks of your project cargo

Project Cargo Risks

Billions of dollars of Project-critical equipment are shipped around the world each year. These shipments involve various risks due to the nature of the cargo, transport logistics, and tight timeframes. Failures and accidents in this type of shipping can quickly turn a $10 million cargo into a $100 million loss due to refabrication, shipping, expenses, lost profits, and other operational costs.

Considering these risks and their potential financial impact, today’s post aims to inform you about managing risks and protecting assets when shipping project cargo.

 

Manage Project Cargo Risks

 

1. Choose a reliable company to be in charge of your project cargo

The first step to a successful project cargo shipping is to choose a reliable freight forwarder to conduct the operation. GCE Logistics, for example, has all the expertise, resources, and capacity to design effective project cargo solutions to the most diverse demands you might have. We customize our project cargo service according to how critical your cargo is, and our experienced staff covers many different industries, including heavy machinery and other delicate products.

GCE’s project cargo team comprises high-level professionals ready to design comprehensive solutions for your project cargo, including engineering, transportation, logistics, risk consulting, and claims.

 

2. Make sure there are risk consultants to analyze your project cargo

Analyzing the risks involved in the transportation of every project cargo is essential to reduce the chance of having financial damage related to the cargo. This is why, as part of choosing a reliable freight forwarder to conduct your project cargo operations, you should choose a company that has an experienced team of risk consultants and analysts. This way, they can tell you what risks you will be exposed to during transportation and how to protect your cargo and yourself from having any prejudice in case one of them happens.

At GCE Logistics, we have a reliable network of risk consultants and engineers. This experienced team will analyze all aspects of your project and consider all exposures. By doing this, they will lead you to the right solution in terms of route, mode of transportation, security methods used, etc.

 

3. Use an insurance with a wide coverage of damage/risks

When it comes to project cargo, even more important than choosing a reliable freight forwarding company is to hire a good insurance plan for your cargo. After you have risk consultants analyzing your project, you will have some ground to decide which insurance you should use to protect yourself from being financially damaged or having any other kind of prejudice.

At GCE Logistics, for example, we offer full coverage insurance plans, which give our customers peace of mind and complete protection in case an incident happens during their project cargo transportation.

Now that you know managing cargo projects requires special expertise, care, and details, you are ready to choose a good company to handle your project demands. At GCE, we have built a formidable reputation in Project Cargo Logistics and heavy lift shipments with our dedicated operations team who have a thorough understanding of handling cargo with ports, customs, and transport agencies. We offer innovative Project Cargo Handling Services as well as technical engineering services to manage the project completely from start to finish, ensuring timely delivery of your valuable goods.

Over the years, we have managed several high-value project cargoes, offering our customers world-class Project Cargo Services at minimum costs. Regardless of the destination, our team customizes each consignment, planning, and engineering every detail meticulously.

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