PANAMA CANAL TO FURTHER REDUCE DRAFT LIMIT FOR NEOPANAMAX VESSELS
The Panama Canal will further reduce the maximum allowable draft for Neopanamax vessels from late August 2026 as water levels in Gatun Lake continue to decline.
GLOTRANS PARTICIPATES GIFTS & PREMIUM FAIR 2023 AND VISIT PARTNERS IN HONGKONG
On April 19, 2023, Deputy Director of Glotrans Ho Chi Minh, Mr. Alvin Huy had a business trip from April 19 to April 22, 2023 in Hong Kong, participated in the Gifts & Premium Fair 2023, and visited and worked with a number of partners and agents in Hong Kong in the orientation. company development.
Hong Kong is not only a major seaport/airport in the world, but also a place to organize prestigious trade fairs with thousands of businesses participating every year. At the exhibition organized by The Hong Kong Trade Development Council - HKTDC, with more than 4,300 international exhibitors, HKTDC Hong Kong Gifts & Premium Fair 2023 gives customers, importers a platform for sourcing world leader with a wide range of latest updated gift products. This is one of Hong Kong's largest exhibitions and also the first exhibition after the end of the closure policy due to the Covid-19 epidemic in China, so most of the suppliers as well as partners and buyers have poured to Hong Kong to participate in the exhibition. The fair was attended by about 47,000 customers representing Global Importers, Distributors, Resellers and Electronic Resellers in 138 countries and regions. Here we can find all that one might need for gift selection as well as other premium products.
Vietnam also has many delegations, many businesses specializing in gifts, textiles ... have participated in this exhibition such as textile association Vinatex, Purchasing Group VN .... They join to find partners and opportunities in the complex developments of the current economic crisis.
Through participating in the above exhibition, it can be seen that the purchasing power and demand for Trade in the world is very large, and at the same time, it shows that E-commerce is also growing and perfecting. In which, Logistic is also an important logistics stage in contributing to the promotion and development of Global Trade. Glotrans has also been increasingly improving its level and technology to meet and keep up with the development in that general trend to meet the best needs of customers for Logistics services in Vietnam in particular and globally. Generally speaking.
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GLOTRANS SHOWCASES INTERGRATED LOGISTICS SOLUTIONS AT MTA VIETNAM 2026
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GLOTRANS – 17 YEARS OF CONNECTING AND REACHING FURTHER 15 August 2009 – 15 August 2026
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The Insured’s Duty to Prevent and Mitigate Losses
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Insurance Contracts Do Not Automatically Terminate Due to Late Premium Payment
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.