GLOTRANS SIGNS TO BE A EXPRESS DELIVERY AGENTS

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.

The 21st JCtrans Global Freight Forwarders Conference 2026 took place from April 1st to April 4th, 2026 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, attracting more than 4,500 logistics companies, freight forwarders

The 15th WCA Worldwide Conference 2026, organized from 9 to 13 March in Singapore, successfully brought together freight forwarding and logistics companies from across the globe. Hosted in one of Asia’s leading logistics hubs, the conference attracted thousands of freight forwarders, logistics enterprises, and supply chain professionals from many countries worldwide.

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.