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Marine Transit

What is Marine Transit Insurance?

If your business takes you across the seas, you can be exposed to risks from mother nature, misadventure and even piracy. Such risks can prevent your commercial vessel, cargo or truck from reaching its destination, or cause costly damage during voyage. Marine Insurance refers a range of insurance products which help protect your business from loss or damage to vessels and cargo. It can cover the door to door delivery of goods worldwide, by sea, road, rail and air - including their storage on the way.

Who should consider it?

Marine transit insurance is important for businesses involved in shipping or receiving goods, operating watercraft commercially, repairing vessels, running a marina and more.Marine insurance can provide valuable cover on both land and sea for:

Freight forwarders

  • Importers and exporters
  • Marina owners
  • Mining companies

Primary producers

  • Removalists
  • Tourism operators
  • Wholesalers

"In FY2017, the value of Australian exports of goods and services was A$373.2 billion. That represented an increase of A$53.7 billion on the previous year's outcome."

Australian Trade Commission, Australia's Export Performance in FY2017

Did you know?

Marine-1

99% of Australian exports use sea transport (Department of Infrastructure, Regional Development and Cities, Maritime, 2018)

Marine-2

1597 million tonnes of cargo is moved across Australian wharves in 2015-16(Department of Infrastructure, Regional Development and Cities, Statistical report, Australian sea freight 2015-2016, 2018)

Marine-3

The value of Australia's exports by sea was $218.9 billion in 2015-16 (Department of Infrastructure Regional Development and Cities, Statistical report, Australian sea freight 2015-2016, 2018)

Wanted to know more information?

Our dedicated team allows us to work closely with clients and offer tailored insurance solutions. Leave your contact details and we will call you back!

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Fire & General Insurance Brokers

30 Calderwood Road, PO Box 179,
Galston NSW 2159
Phone: 02 9653 1711
AFSL 231110 | ABN: 97 069 889 587

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  • Business Insurance
  • Contract works
  • Corporate Travel
  • Cyber Insurance
  • Marine Transit
  • Motor Insurance
  • Landlord Insurance
  • Home and Contents
  • Management Liability
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