Loss Control – Quality, Quantity and Demurrage

Providing accurate, reliable voyage analysis and cargo calculations is of paramount importance. It is extremely crucial to accurately monitor any variation in the quantity of petroleum products as they move through the supply chain. Good loss management techniques must be used to assist in prevention of Cargo quantity claims.

After a cargo loss has occurred, it is exceedingly arduous to find evidence to prove or defend a claim. Physical losses can be summarized as events due to ROB quantities and leakages whilst passing of cargo through vessel or terminal valves. Losses also occur by poor or erroneous procedures in measurement (quantity and temperature), inaccurate sampling procedures, sample handling and analysis as well as poorly written contractual clauses.

Our process involves a robust and thorough review of the sequence of measurements. Our meticulous analysis process enables us to investigate the origin of any differences in volume or weight between the quantity shown on the Bill of Lading and Outturn Certificate. This information is used to improve loss control, to lodge claims where necessary and generally to improve the efficiency and accountability within the logistics chain.

Our presence, proactive approach and expertise enables us to investigate, react and respond on a real time basis. We offer viable solutions to prevent, minimize or eradicate both real and apparent losses.