APL extends cargo assurance for protection against cargo-in-transit risks

Ocean carrier APL (American President Lines), part of the CMA CGM Group, is extending cargo assurance to shippers who want protection against risks of loss or damage to their cargo-in-transit. Backed by “one of the largest marine insurance companies in the world”, APL said that it was now offering cargo assurance options that range from “Total Cover” for maximum protection to “Main Cover” that protects against major events to “Customised Cover” for tailor-made cargo assurance solutions. APL Chief Commercial Officer Thomas Cassuto said that APL Cargo Assurance extended the company’s range of value-added services.