In a global supply chain it is not possible to retain control over every aspect of the transaction. Hence, it becomes important to carry out due diligence to ensure those to whom you entrust certain elements do so appropriately.
International trade inevitably involves multiple stakeholders in different parts of the globe. Fraudulent activity has always been one risk to consider. This article highlights recent cases impacting forwarder relationships, together with due diligence advice.
Sources suggest that container fires may occur on a weekly basis and statistics indicate there is a major container cargo fire at sea roughly every 60 days. Tackling fires and subsequent investigations are complex activities.
Further to the TT Talk article this year 'In defence of a storm claim', here is an update from the National Oceanic and Atmospheric Administration (NOAA).
Using the appropriate modal regulations or convention, the shipper/consignor is responsible for correctly classifying any item that is to be transported. In many instances, reliance has to be placed on the manufacturer to provide reliable data so that the carrier is adequately alerted and may respond appropriately in an emergency.
Litigation can throw up complex issues - here considering whether time bars apply to misdelivery claims and the impact of commencing proceedings contrary to exclusive jurisdiction provisions.
Most individuals and organisations know that training is an important requirement in order to develop skills. However, appropriate, needs-based training is more difficult to define and control.
The inter-relationship between training and competence must be a pressing issue in relation to the transport of dangerous goods, surely? Here's a review of the current state.
Container shipping has come a long way in the last 50 years, bringing revolution to the global supply chain and taking its part in facilitating unprecedented growth in world trade. Where next?
The innovation marked by containerisation transformed and unlocked international trade, but frontiers remain to be taken in trade, infrastructure and process.
Following the tragic casualty of 'Maersk Honam' it is timely, particularly for shippers and freight forwarders, to cover the dynamics and risks associated with General Average.
