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If you would prefer to listen to these articles and hear our latest interview discussions head over to TT Live.
18/05/2006
1. A M Best upgrades Club's ratings
Harry Lee, from the Club's office in Hong Kong has provided this look at one of the important functions of a bill of lading.
12/05/2006
Dan Negron writes from New Jersey to point out significant changes in US regulations governing the tendering and acceptance of air freight.
The TT Club has received a boost from industry ratings agency AM Best, which has upgraded the Club's financial strength rating to A- (Excellent) from B++ (Very Good).
25/04/2006
1. Container owners to meet in Antwerp
12/04/2006
A member of the Club recently alerted us to a possible danger if flatracks are not assembled properly.
12/04/2006
1. Club announces fourth consecutive year of growth ...
12/04/2006
The concept of piracy has something of a romantic ring to it, with 18th-century rogues such as Captain Kidd, Henry Morgan and others receiving a much more favourable press (not to mention treatment from Hollywood) than they deserve. Many people unconnected with the sea probably think that piracy died out with the age of sail but sadly they are very mistaken.
TT Club has announced a US$23.2 million surplus after tax for its 2005 financial year, marking a further strengthening of its finances and another successful trading period, during which it has increased its leading market share. The result boosted total surplus and reserves by 25.9 per cent to US$112.7 million.
17/03/2006
1. European judgment clarifies liability for customs duty
The European court of justice, in handing down its decision in Unamar and Seaport Terminals v Belgium, has clarified the provisions of the EU customs code relating to the responsibility for duty when uncleared goods are lost in storage or transit.
While on the subject of exclusion clauses. we are grateful to our friends at Australian lawyers Phillips Fox for this timely reminder about the importance of proper drafting of such clauses. The following comments are based on Australian law and practice and while the principles are generally applicable in other jurisdictions, members else where should seek legal advice locally on issues of incorporation and validity.