Cargo market stirred up by $50mn cocoa bean warehouse claim

27 April 2023

Cargo underwriters are facing a claim of around $50mn after a recent warehouse fire in the Netherlands inflicted major damage on a cargo of cocoa beans, this publication can reveal.

Earlier this month, a fire broke out at a warehouse on the edge of Amsterdam filled with a consignment of cocoa owned by the insured Cargill.

The

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