No port can grow sustainably with costly accidents creating claims and driving up insurance premiums. Recent events suggest that windstorms and extreme weather events are becoming less predictable, more severe and affecting areas previously considered low risk.
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!
When the requirement for verified gross mass (VGM) was adopted by the International Maritime Organization (IMO) in November 2014, preparations should have started through the containerised supply chain to reach compliance. Now less than two months to enforcement, what final steps need to be in place?
According to global cargo theft reports issued jointly by TT Club and BSI, thefts from facilities and warehouses accounts for approximately 25% of recorded theft incidents. Inevitably, this varies by country and region but is influenced by implemented levels of both procedural and physical security measures.
The hosting of events can be a valuable and enjoyable experience for all; careful planning and risk assessment will pay dividends in delivering success.
Counterfeit products put the health and safety of consumers worldwide at risk whilst depriving governments, businesses and communities of tax revenues, profits and legitimate jobs.
Wildlife crime is a topic that remains a critical threat to biodiversity, local and national economies, national and international security, and global health.
