ShipCalculators.com

Container - Mis-declared DG Impact

Risk / insurance cost of a mis-declared dangerous-goods container - estimated from typical box value × chain of loss.

Mis-declarationIMDGContainer
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Formula, assumptions, and limits

L=Vm(severity)L = V \cdot m(\text{severity})
SymbolMeaningUnit
VVContainer cargo valueUSD
mmChain-loss multiplier

Source: CINS - Cargo Incident Notification System

In short

Risk / insurance cost of a mis-declared dangerous-goods container - estimated from typical box value \u00d7 chain of loss.

Learn the theory CBM and Chargeable Weight in Freight