Hyundai to hand cargo market $60mn Harvey claim

The marine cargo market is bracing itself for a $60mn claim from
Hurricane Harvey after South Korean auto manufacturer Hyundai Motor
Company suffered damage to a consignment of cars in transit.
After the storm's landfall in August, flooding inundated a
Texan port terminal where cars had been stored while awaiting
distribution to various locations in the US.
The claim is the first major cargo loss to be notified following
the storm, but is sure to be followed by a spate...