Energy Full Outturn Guarantee (FOG)
SGS provides a full outturn guarantee (FOG) service that covers weight discrepancies detected between the loading and discharging of a shipment.
Under an outturn guarantee, we assume responsibility for any such weight differences in accordance with the custom of the port and/or the terms of your contract. The FOG minimises your trade risks by covering any shortfalls that occur due to:
- Customary trade losses
- Errors in weighing, gauging and measuring
- Unknown factors that we cannot assign to another party
Other guarantee services:
- Comprehensive Cover
- Full Outturn Quality (FOQ)
- Rejection Guarantee
- Seller’s Interest/Contingency Insurance
To find out more about our full outturn guarantee services – as well as our other trade guarantees – contact SGS now.