PANAMA CANAL TO FURTHER REDUCE DRAFT LIMIT FOR NEOPANAMAX VESSELS
The Panama Canal will further reduce the maximum allowable draft for Neopanamax vessels from late August 2026 as water levels in Gatun Lake continue to decline.
GLOTRANS ATTENDS THE 7TH OLO CONFERENCE IN HO CHI MINH CITY: GLOBAL CONNECTION – EXPANDING OPPORTUNITIES
On June 22–23, 2025, Glotrans was honored to participate in the 7th Global Logistics Cooperation Conference (OLO), held in Ho Chi Minh City. This annual event, organized by OLO, brings together hundreds of freight forwarding companies from over 100 countries worldwide.
At the conference, Glotrans had the valuable opportunity to engage in face-to-face meetings with numerous international partners. These interactions not only offered diverse perspectives on global logistics trends but also enabled Glotrans to significantly expand its network of strategic partners—reinforcing our commitment to delivering professional, flexible, and comprehensive logistics solutions.
OLO is more than just a networking platform; it serves as a foundation for building long-term and sustainable relationships among independent logistics companies globally. Glotrans’ active participation in this year’s conference underscores our dedication to deeper integration into the international supply chain and continuous service enhancement—driven by professionalism, agility, and efficiency.
Backed by a team of seasoned professionals, a customer-centric approach, and an extensive global agency network, Glotrans is committed to being a trusted logistics partner—not only within the domestic market but also on the global trade map.
We would like to extend our sincere thanks to the OLO Organizing Committee and all international agents for taking the time to connect, collaborate, and accompany Glotrans throughout the event.
We look forward to nurturing and further developing the partnerships established, while remaining open and ready to embrace new collaboration opportunities in the near future.
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GLOTRANS SHOWCASES INTERGRATED LOGISTICS SOLUTIONS AT MTA VIETNAM 2026
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GLOTRANS NATIONAL DAY HOLIDAY ANNOUNCEMENT 2/9/2026
GLOTRANS would like to inform our Valued Customers and Partners of our holiday schedule for Vietnam’s National Day (2 September 2026) as follows:
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The Insured’s Duty to Prevent and Mitigate Losses
Company T (Plaintiff – the Insured) entered into an insurance contract with Company B (Defendant – the Insurer). After the insured event occurred, the Insurer alleged that the Insured had violated its obligation to prevent and mitigate losses. The Arbitral Tribunal acknowledged that such an obligation exists but concluded that the Insured did not breach it.
Insurance Contracts Do Not Automatically Terminate Due to Late Premium Payment
Under the insurance contract, the premium was to be paid in three installments, and in all three, the insured party was late in payment. When a dispute arose, the insurer (Defendant) argued that the insurance contract had terminated before the insured event occurred due to the late premium payment and therefore refused to make an insurance payout. However, the Arbitral Tribunal held a contrary view.