Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines

Insurance vital for imported cars

19 May 2022 - by -
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Importers of second-hand cars are strongly advised to take out marine insurance, says Caren Jacobs, manager of NMT International in Wa lv i s Bay.Although there is only a small percentage of vehicles that are damaged or have parts and components removed, the risk remains.Marine insurance costs around 0.03% of the value of the vehicle.The NMT Group specialises in the worldwide shipment of cars, trucks, trailers and all other self-propelled or rolling cargo.In Walvis Bay it handles mainly used passenger vehicles, trucks, construction vehicles and agricultural equipment bound for Namibia and neighbouring states.Namport provides a secure staging area within the port precinct for all vehicles.Most of the passenger and commercial vehicles are imported from Great Britain. New vehicles coming through the port include trucks for Angola, and Toyota and Land Rover and Jaguar models for Zambia.All new vehicles are surveyed and photographed when they are loaded, and again on arrival.While there is strict control on board, the risk to importers is that the ro-ro vessels call on a number of smaller ports where security is often lacking. NMT agents are on hand at most of the bigger auctions to assist with the shipping arrangements, but are not involved in the vehicle transaction.FA Half Page Ad - Option 2.indd 1FA Half Page Ad - Option 2.indd 12022/05/05 14:232022/05/05 14:23FN4707SD

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Namibia May 2022

View PDF
Informal economy booming
19 May 2022
Ukraine war jeopardises economic recovery
19 May 2022
Keeping freight moving in Covid-19 world
19 May 2022
Least corrupt port gateway
19 May 2022
Growing number of direct int’l airfreight links
19 May 2022
Gas plans still cooking
19 May 2022
Bulk ‘parcels’ planned by Manica
19 May 2022
Growth in Walvis Bay volumes
19 May 2022
Botswana petroleum to move on rail
19 May 2022
Manica investing in warehousing
19 May 2022
‘Thank a Trucker’ to become annual event
19 May 2022
Funding for locos and rolling stock
19 May 2022
  • More

FeatureClick to view

Road & Rail 27 June 2025

Border Beat

Forum tightens net against border corruption
25 Jun 2025
Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Sea Export Controller (In-house)

Tiger Recruitment
East Rand
30 Jun
New

Export Controller

Lee Botti & Associates
Durban
30 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us