Claims made by a party for damage or loss of goods during transportation.
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What does Cargo Claims mean?
Cargo Claims in shipping refer to legal claims made by a shipper or consignee for loss or damage to cargo during transportation. Cargo claims can arise from a variety of situations, such as damage due to rough handling, theft, or loss due to shipping errors or accidents.
When a cargo claim is made, the shipper or consignee typically files a claim with the carrier or shipping company responsible for the shipment. The carrier then investigates the claim and may provide compensation to the claimant if the claim is found to be valid. Compensation may include the cost of repairing or replacing the damaged or lost goods, as well as any additional costs or losses incurred as a result of the damage or loss.
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