In a concerted effort to reduce injuries and equipment damage in port operations, the TT Club, the Port Equipment Manufacturers Association (PEMA) and ICHCA International have announced a joint initiative to establish minimum safety standards for quayside container cranes.
As is now widely known in the industry, 16 countries signed the Rotterdam Rules at the signing ceremony of 23 September 2009. By 26 October 2009, the number of signatures increased to 21 countries.
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 a concerted effort to reduce injuries and equipment damage in port operations, the TT Club, PEMA and ICHCA International have announced a joint initiative to establish minimum safety standards for quay container cranes
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.
The TT Club's latest publication, a revised edition of its comprehensive risk mitigation guide for windstorms, offers marine and inland terminal operators valuable information and advice on how to minimise storm damage to their installations and customers' cargoes. This second edition has been developed and published jointly with ICHCA International.
