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 QUY NHON CONGRATULATIONS ON THE 20TH ANNIVERSARY OF THE FACULTY OF FINANCE - BANKING & BUSINESS ADMINISTRATION OF QUY NHON UNIVERSITY
Over 45 years of establishment and development, Quy Nhon University is a multi-disciplinary and multi-field higher education institution with the mission of training and developing high-quality human resources; fostering talents; scientific research, knowledge dissemination and technology transfer; effectively serve the sustainable development of the country, especially for the South Central region - Central Highlands.
Glotrans Quy Nhon is very pleased to be one of the enterprises in Quy Nhon city, Binh Dinh province to cooperate and receive support from the School and Faculty of Finance - Banking & Business Administration in corporate recruitment and training.
On the occasion of the 20th anniversary of the establishment of the Faculty of Finance - Banking & Business Administration, Glotrans Quy Nhon would like to wish the teachers in the Faculty in particular, and all the lecturers of Quy Nhon University in general always have a lot of health, firmly rowing on the path of growing people and training talented generations, contributing to building a richer and more beautiful country.
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GLOTRANS SHOWCASES INTERGRATED LOGISTICS SOLUTIONS AT MTA VIETNAM 2026
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GLOTRANS AT VIET CARGO EXPO HANOI 2026 – EXPANDING CONNECTIONS, FOSTERING LOGISTICS PARTNERSHIPS
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GLOTRANS ATTENDS THE 2ND CONGRESS OF THE HAI PHONG LOGISTICS ASSOCIATION (HPLA), TERM 2026–2031
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DISPUTE OVER THE SHIPMENT OF ENZYMES IMPORTED FROM INDIA
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.
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.