The term "loss control" is not new or unique to the maritime industry and its pure definition has encompassed a broad range of disciplines from safety to accounting.
Loss exposure may be defined as the value of the loss, actual or potential. An entity involved in a cargo transaction may be liable for a loss during a particular transaction or for a collective period. A.M.C. surveyors goal is to ensure that our clients loss exposure is limited and that their interests are protected from acting (negative) variables.
A.M.C.'s main strength is the ability to pro-actively control aspects of cargo, custody transfer operations, by carrying out procedures to control and plan actual reduction in losses caused by a variety of changeable and often unpredictable events. Losses are either real (physical losses caused by physical events - theft, leakage, sabotage etc.) or apparent (paper losses caused by erroneous or poor procedures such as - measurements, sample handling, calculations etc.) each loss event has a marked damaging effect on the cargo being monitored.