Mitigating and managing the risk of sand-contamination in sugar cargoes for sellers and buyers
There is a sense of déjà vu amongst sugar traders involved in Brazilian trade: the fraudulent practices of 2006-2010 involving criminal actors deliberately substituting sugar cargoes with sand are reportedly having a comeback, affecting both sellers and buyers alike. In the wake of such criminal incidents, this article briefly explores the legal implications of sand-contaminated sugar shipments and outlines practical measures which can be taken by sellers and buyers of Brazilian sugar to mitigate and manage their risks, allocate liability, and protect their interests.
Click here (PDF) to read more.
