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HomeAgriculture & FoodCommoditiesRisk ManagementGuarantee Services Rejection Guarantee
For example, under the terms of these agreements, we can guarantee to cover the expense of reloading any cargo that has already been discharged. We also pay out on your behalf for re-routing your shipment to another destination port if that is necessary.
Our rejection guarantee also covers possible demurrage – since there is likely to be a delay beyond the normal time allowed for loading and unloading – and any depreciation in the cargo’s value. These measures help to minimize the risks involved in trading overseas and to reduce your financial exposure if issues arise.
To find out more about our rejection guarantee and other trade risk guarantees, contact SGS now.