24/03/2021 10:00 AM
Climate change and its impact on ports, warehouses and storage risks
As we approach the spring storm season, the impact of climate change will hit the headlines again. High winds and rainfall, accompanied by tidal surges and flooded rivers have featured heavily on the news in recent years. The logistics and supply chain industry is particularly vulnerable to such influences. Many warehouses and other storage facilities are situated next to or close by rivers and dock areas. Severe rainfall, rising tide levels and floods can cause significant damage to the buildings and any stored goods. Whilst the operators claim that such events are outside their control and cannot be avoided, as such extreme weather becomes more predictable, can warehouse keepers continue to defend claims on this basis?
In this webinar our speakers, Chris Chatfield (Partner, Kennedys) and Graeme Blackie (Head of Marine, Sedgwick), considered the risks presented by climate change to storage facilities and the goods stored therein. They reviewed the standard of care expected of the providers of such facilities and the steps which they should take to anticipate extreme weather conditions. They also considered some of the standard trading terms on which such facilities operate and the extent to which they exclude or limit liability for climate change events.
This presentation will be of interest to freight and logistics operators, port operators, warehouse keepers and the insurers of those providing such services.