Leading transport and logistics insurer TT Club says analysis of 9,500 claims over the past seven years, valued at $ 400m, confirmed an ongoing trend in avoidable damaging events that resulted in claims.

The TT Club, a mutual insurance association, urged all participants at the International Maritime Organization's session on Dangerous Goods, Solid Cargoes and Containers to redouble their efforts to come up with a global regulation to verify the weights of containers.

Despite key factors that cause disruption throughout the global supply chain, there are opportunities for operators to save costs by tightening procedures to minimise accidents, breakdowns, delays and other risks, according to Laurence Jones, TT Club's director of global risk assessment.