By the end of 2009 the liability limit for cargo in Art 22(3) of the Montreal Convention 1999 for international carriage by air will increase from 17 SDR to 19 SDR per kilogram. A SDR (Special Drawing Right) currently equals about USD 1.60.
In accordance with Article 79 of the Venezuelan Organic Customs Law Regulations an import container unit is exempt from customs formalities applicable to the temporary admission regime for a period of three months. The general purpose of this exemption is to facilitate unloading operations in the country in the normal course of international trade.
A Singapore based transport operator undertook to provide logistics services for a large German manufacturer. The agreement incorporated the German manufacturer's model contract, expressly excluded application of the operator's trading conditions and was subject to German law and jurisdiction.
According to Information Paper 40/2009 published by ICHCA International, security regulations for air and sea cargoes in the EU and US are being made increasingly strict.
'As highlighted in the article in TT Talk Edition 115, a key change in IMDG Code Amendment 34-08 is the new mandatory training requirements for shore side staff involved in the preparation, handling and transport of dangerous goods by sea. Accidents involving packaged dangerous goods continue to occur and this measure is seen as an important element in the wider programme of tackling this issue.
Readers of TT Talk and other TT publications will be familiar with the concerns expressed about the quality of declaration of cargo, particularly in the maritime part of the supply chain.
On 11 June 2009 the 'Intergovernmental Agreement on the Trans-Asian Railway Network' came into force in Cambodia, China, India, Mongolia, Republic of Korea, Russia and Tajikistan (another 15 countries are currently simply signatories).
