Today marks a significant milestone for Glotrans: our 5-year anniversary as a valued member of the WWPC Logistics Network.
It's been an incredible journey filled with growth, collaboration, and the forging of valuable connections within the global logistics industry. We are proud to be part of such a dynamic and innovative network, committed to excellence and driving positive change.
We extend our sincere gratitude to all our partners, colleagues, and clients who have been a part of this success story. Here's to many more years of fruitful collaboration, expanding global opportunities, and achieving even greater heights together!
For many years, logistics was viewed primarily as a back-end support function. Today, amid increasing global trade volatility, logistics has become a strategic factor directly influencing business growth, risk management capability, and long-term competitiveness.
Amid ongoing global supply chain restructuring, Vietnam is emerging as a key manufacturing and sourcing hub in Asia. The “China+1” strategy and the need for risk diversification are driving multinational corporations to expand their presence in Vietnam.
Entering April 2026, escalating tensions in the Strait of Hormuz have triggered a systemic disruption across global logistics networks. However, for Vietnamese import-export enterprises, the immediate risk is no longer confined to the Middle East. The critical pressure point has shifted to Asia’s transshipment hubs-most notably Singapore-where congestion is now constraining regional cargo flows at scale.
In the proud and joyful atmosphere of May, Glotrans Hanoi officially marks its 14-year milestone of establishment and growth – a journey driven by relentless effort, solidarity, and continuous advancement.
Glotrans would like to inform our valued Customers and Partners of our upcoming holiday schedule as follows:
April 23, 2026 marks the 5-year milestone of establishment and development of Glotrans – Quy Nhon Branch. Though the journey is not long, it is enough to affirm the resilience, dedication, and strong growth spirit of a young, dynamic, and promising team.
The shipment of food additives was transported in container No. FCIU3301688 (20’), under B/L MPRSMUM1806, on the voyage from Nhavasheva Port (India) to Dinh Vu Port (Hai Phong, Vietnam) on 29/04/2017.
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.
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.
