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 VIETNAM PARTICIPATES IN FIATA WORLD CONGRESS 2025
Glotrans Vietnam is honored to take part in the FIATA World Congress 2025 – the flagship annual event organized by the International Federation of Freight Forwarders Associations (FIATA). This congress gathers leading organizations, experts, and enterprises in the global logistics and international freight forwarding industry.
As the largest event in the global forwarding community, this year’s congress focuses on key industry topics such as sustainable development, digital transformation in supply chain management, and strengthening multilateral cooperation among logistics enterprises.
More than just a platform for discussing trends like sustainability, supply chain digitalization, and enhanced multilateral collaboration, the congress also serves as an important opportunity for Glotrans to promote its corporate image, showcase service capabilities, expand its global network, and reinforce its brand reputation within the international logistics community.
Glotrans’ presence at the FIATA World Congress 2025 reflects its commitment to global integration and affirms the company’s position as a prominent Vietnamese logistics provider on the world stage.
Please take a look back at the event through the video below.
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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
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