Marine cargo stands out as an important element of world trade and covers a large part of international trade. Maritime transportation is a logistics solution that enables the safe and effective transportation of large quantities of goods. However, due to various risks that may arise during the marine cargo process, marine cargo insurance is very important for companies operating in this field.


Marine transportation insurance is a type of insurance that covers losses and damages that may occur in the process from loading the transported goods onto the ship until they are unloaded. This insurance provides financial security for ship owners, cargo owners, carriers and other partners in the process because marine cargo insurance covers loss or damage to goods, ship and employees.

Marine Cargo Insurance Types

Maritime transport insurance is generally designed to provide protection against various risks that may arise during the transportation process.

The main types of marine cargo insurance are as follows:

  • Goods Damage Insurance: This is a type of insurance that provides compensation in case the transported goods are lost, damaged or stolen.
  • Common Pool: Insurance for cargoes carried by more than one cargo owner on the same ship.
  • Compulsory Liability Insurance: This type of insurance covers legal liabilities arising from good damage and personal injuries arising from maritime transportation.
  • Liquid Cargo Insurance: Liquid cargo insurance provides protection against the risks of liquid substances transported via tanker ships. This type of insurance is used against special risks that may arise in the transportation of materials such as petroleum products, chemicals, and liquid natural gas (LNG). Liquid cargo insurance is of particular importance due to the special storage tanks and security measures of tanker ships.

What Does Marine Cargo Insurance Cover?

In today's world where trade takes place at a global level, maritime insurance is an important assurance tool that provides financial protection against various risks that may arise during the transportation of transported goods by sea.

The scope of maritime transport insurance covers a wide range of risks and varies depending on the type of material transported, transportation conditions and route.

Maritime transport insurance generally covers the following risks:

  • Events that damage the ship such as accidents, burning, explosions
  • Loss or damage to goods due to maritime accidents
  • Losses resulting from crimes such as theft and looting
  • Damages caused by natural disasters such as storms, earthquakes.
  • Damages during loading and unloading

Marine Cargo Insurance Premium Pricing

Marine transportation insurance premium pricing is determined depending on a number of factors such as the value of the goods transported, transportation distance, type of goods, route, packaging condition and security measures. Premium refers to the cost of the insurance policy and is calculated based on risk factors determined by the insurance company.

Maritime insurance premium is generally priced based on the value of the goods transported. As the value of the goods increases, the insurance premium generally increases because loss or damage to high-value goods can result in a higher cost.

Transportation distance, the distance from the starting point of the goods to the destination, affects the insurance premium. For long-distance transportation, the premium usually increases due to the increased risks to which the goods are exposed.

The type of goods transported is an important factor in pricing the insurance premium. Some goods may be more delicate or more susceptible to theft, which may result in an increased premium. For example, valuable electronics or luxury items may be insured at a higher premium.

The chosen route and the ports of call of the transported products also affect the premium. Some ports and routes may involve more risk, which may cause the premium to increase. In particular, risk assessments for specific geographical regions are taken into account.

Proper packaging of materials can prevent damage during the transportation process. Therefore, the packaging status of the material is another factor that affects the insurance premium.

Security measures implemented during the transportation process are another important factor affecting the insurance premium. For example, ship security, port security and other terms and conditions in the logistics chain play a role in determining the premium.

HRA Global Logistics' Sea Transportation Quality

Your goods are placed in containers quickly and safely. Thus, you can benefit from an economical maritime transportation service even for low volumes. This keeps your company's transportation costs to a minimum. HRA Global Logistics constantly checks costs. It allows us to avoid third-party intervention and reduce ground handling costs.

Our team members, who are experts and experienced in all areas of international trade and transportation, use the most advanced tools and technologies to deliver with the utmost care and attention throughout the logistics chain. In this context, the experience we have as HRA Global Logistics provides great advantages to customers in the transportation network.

HRA Global Logistics provides necessary advice and assistance in international trade and transportation. Thus, our customers can reduce their foreign country's non-compliance risks and the time they spend on these issues.

You can choose a different marine transportation depending on the quantity and quality of your goods. At this point, the necessary suggestions and assistance are provided by HRA Global Logistics. You can choose a different sea transportation depending on the quantity and quality of your goods. At this point, HRA Global Logistics offers the necessary suggestions and assistance for your goods transported by sea.

The world trade network is extremely important in providing a complete supply chain service. HRA Global Logistics complements maritime operations with dedicated freight and warehousing operations teams, inventory management and last-mile deliveries across Europe and worldwide.

HRA Global Logistics provides entry/exit customs clearance, storage or similar logistics services for goods in all major ports of the world.

In addition to these services, it also provides complete and partial large-business transportation services, as well as customs clearance, port services, ship rental and combined transportation.

HRA Global Logistics has a cost-competitive operating policy. Our operators offer you various possibilities to customize the shipment and best meet any of your transport requests.

Maritime transportation insurance is an important tool in providing the parties with a safe and trouble-free transportation process. It allows trade to continue in a safe and sustainable manner by minimizing financial losses in any adverse situation. Therefore, it is important for companies engaged in maritime transportation to benefit from this insurance. Since HRA Logistics knows all this very well, it also informs its customers about marine cargo and carries out the necessary work for insurance transactions. You can contact us for our Sea Transportation Services.