1 January 2020 will witness the introduction of Incoterms® 2020. Revised every ten years, in common with previous editions, this latest revision has been assessed against current business practices, taking into account new technologies and challenges faced through the intervening period.
Incorporation of Incoterms into a sale contract will not bind any third party, or govern any other contract. It remains for the seller or buyer to ensure that the agreed Incoterm correctly reflects the reality for finance, carriage and insurance. Start with the end in mind!
The TT Club in conjunction with the UK P&I Club and UK Defence Club has launched a new online services platform to enhance online services and data access for Members and their brokers.
The 3rd TT Club Innovation in Safety Award was presented to a joint winning delegation of Künz, CSXIT and Yardeye at the ICHCA 20/20 Cargo Vision internatinal conference, hosted by Malta Freeport Terminal, taking place at The Hilton Hotel, Malta between 11 and 14 November. The 2nd John Strang A.O Memorial Award was awarded to Health & Safety Executive UK at the same evening reception and awards ceremony, attended by conference delegates from over 23 countries worldwide. The reception was held at Casino Maltese in Valletta..
It is perhaps surprisingly common for things to go wrong in the processes around berthing ships, particularly in terms of manoeuvring in the port area and mooring. Aimed at the ship/port interface, read on to understand TT Club's experience and ways to mitigate the risks.
Recent case law from the NSW Court of Appeal in Australia acts as a reminder to freight forwarders to consider carefully the question of 'whether to issue a house bill of lading?' for a consignment. When doing so, there are clear steps to take to protect the rights of all stakeholders and avoid unforeseen exposures.
Increasingly sophisticated handling equipment is being installed in various parts of the world, often enabling automated operations. Ensure that your investment adequately reacts to real life scenarios.
The winner of this year's award, announced on Friday at the FIATA World Congress in Cape Town, is Mrs Evgeniya Khokhlova, who represents the Russian association (FAR) and is a Specialist in Project Logistics for SVH-Freight.
Corrosion is a perennial concern for tank container owners and operators. The stainless steel construction is resistant to staining and corrosion, but may be vulnerable to pitting from certain cargoes or certain cleaning and maintenance operations. Visually minor pitting may conceal development of substantial or even catastrophic corrosion below the surface.
