Cosco Shipping - China's shipping giant - and auto manufacturer, FAW Group, have signed a strategic cooperation agreement to develop the supply chain for the automotive industry.
Under the agreement, the two sides will promote joint venture projects, explore emerging markets and develop innovative business models to provide leading solutions for the global automotive supply chain, as well as digitized supply chain ecosystem, green and smart development.
In October this year, Cosco Shipping and FAW Group signed an agreement to transfer shares and transfer 5% of the company's shares to the automaker to expand supply chain cooperation and strengthen business development in another country.
Cosco Shipping believes that the cooperation with FAW Group can further optimize the auto transport model and promote integrated development between advanced manufacturing and modern service industries.
FAW Group is the largest automobile manufacturer and seller in China, expanding its footprint in the global market and exporting new energy automotive products.
In recent years, “logistics digital transformation” has become a familiar buzzword across industry forums. Yet inside many day-to-day operations, the reality remains mixed: different software for different functions, heavy reliance on Excel and phone calls, and data trapped within departmental silos.
After a challenging period characterized by global market volatility, Vietnam’s paper industry is entering a new recovery cycle with optimistic signals.
As global supply chains continue to shift and the air cargo industry enters a new phase of post-pandemic restructuring, Southeast Asia is increasingly positioned as a strategic air logistics hub on the global map
Recently, Glotrans Central Region successfully hosted the Year End Party 2025 in a formal, warm, and highly connected atmosphere, with the presence of the Board of Management and all employees from Glotrans Da Nang and Glotrans Quy Nhon offices.
On the occasion of the Lunar New Year, as spring approaches, this is also a meaningful time for Glotrans HCM to look back on the journey we have gone through and to express our sincere appreciation for the dedication and contributions of all employees who have worked tirelessly for the development of the branch. Glotrans HCM successfully held the Year End Party 2025 with the attendance of the Board of Directors and all staff of the Ho Chi Minh City branch.
Recently, Glotrans successfully held the Year End Party 2025 for the Northern Region in a formal, warm, and highly connected atmosphere. The event provided an opportunity for the Board of Management and all employees to look back on the company’s journey throughout 2025, review achieved results, and align on development directions and strategic objectives for 2026.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
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.
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.
