Project Cargo Insurance

Get full value insurance for your project cargo goods from point of collection to final destination.


How much would it cost you if a shipment or part of a shipment failed to arrive'

Billions of pounds sterling of project-critical equipment is shipped around the world annually. Due to the nature of the cargo, transport logistics, and tight timeframes high levels of risk are associated with project cargo shipments. How much would it cost you if a shipment was delayed or part of a shipment failed to arrive' The costs can quickly escalate when the loss factors in re-fabrication, shipping, expenses, lost profits and other operational costs.


As experts in project cargo, we can help you navigate the project cargo insurance minefield

Spatial Global is a member of the British International Freight Association (BIFA), and freight movements are covered by our standard terms and conditions in accordance with BIFA's Standard Trading Conditions 2017. However as an industry standard, this liability is limited. Should something go wrong when you’re shipping cargo, the compensation to which you’re entitled is normally calculated against a ‘limited liability clause'.


Did you know that the risk is greater if your project cargo is moved by sea freight'

Welcome to the confusing world of cargo insurance, which is based on ancient maritime law and the 'general average' rule. Under this clause, if a vessel transporting your goods is damaged at sea or goods must be jettisoned to save the ship, all the ship’s customers share in covering the losses. You may be required to post a bond and/or cash deposit in order to obtain release of your cargo following a 'general average' claim – even though there was no loss or damage to your goods. By purchasing insurance, your insurance company assumes the responsibility and expedites the release of your cargo.


You can still get insurance even if your project cargo isn't being managed by Spatial Global

The complexities of international insurance, especially for project cargo, means that many freight forwarders avoid it. But at Spatial Global we consider it to be a value-adding service - so even if we're not handling your project cargo movement - we positively welcome your project cargo insurance enquiry. Our full-value insurance gives you great cover and peace of mind, it will secure your investment in your imported cargo. What's more, in the event of a claim, we handle your insurance issues as if they were our own.


Want to protect your investment with project cargo insurance'

Whether importing or exporting project cargo, using air freight, road, rail or sea freight for your international shipping, project cargo insurance covers loss and/or damage of cargo while it is in transit between the points of origin and final destination. Relying on a third parties insurance may be a viable option, but you must be satisfied the insurance terms, valuation, and limits provided are adequate to meet your needs. And, if there is a claim dealing with a foreign insurance company, perhaps in a different language, it can be time consuming and frustrating. If there’s a claims issue, you’re also often dealing with courts in a foreign country.


Need more information'

Find out how much full value insurance for your goods is, from point of collection to final destination.


Contact us today on +44 (0)1332 289205 to get FREE Advice and a ‘no-obligation’ quote for your Cargo.

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