On September 5, 2023, Da Nang Port (Da Nang City) said that the unit has just received the WanHai 362 ship operated by Wan Hai shipping line, belonging to the AA3 service route connecting Vietnam going directly to Long Beach port - Port. Oakland (USA).
The WanHai 362 ship departs from India and its final destination is Long Beach port - Oakland Port (USA). Specifically, the ship's itinerary: from India (Cochin - Nhava Sheva - Tuticorin) - Malaysia (Port Klang) - China (Shekuo) - Vietnam (Tien Sa / Da Nang - Tan Cang Cai Mep) - China (Shekuo) - Xiamen ) – Taiwan (Taipei) – China (Shanghai – Ningbo) – United States (Long Beach – Oakland ).
Ship importing and exporting goods at Tien Sa 4 port (Da Nang Port) on September 5. Of which, 482 containers were imported to Tien Sa Port and 115 TEUS were exported abroad, including 50 TEUS of goods exported from Da Nang straight to Long Beach port, USA (including garments, wooden furniture, and children's toys). em, rolled steel, aircraft equipment...).
This is the first container ship departing from Tien Sa port to carry export goods straight to Long Beach port on the West Coast of the United States without having to transfer to any mother ship. With the ship route running directly from Tien Sa port, Da Nang to Long Beach port (USA), shipping time has been significantly shortened from 25-28 days to only about 21 days, minimizing the risk of goods damage. minimize or avoid risks due to not being able to promptly connect the mother ship's journey at other transshipment ports.
Da Nang Port said that currently the demand of customers in the Central region through Tien Sa port, Da Nang to load goods to the West and East coast ports of the US is very potential, and promises to trade, import and export goods in Vietnam. Tien Sa in particular and the Central region in general will become increasingly busy.
It is known that Wan Hai is currently the 11th largest container shipping company in the world and owns 69 mother ships. In particular, the ship WAN HAI 362, Singapore nationality, built in 2023 with a length of 203.5m, a hull width of 34.8m, a tonnage of 36,776 DWT, a capacity of 3,013 TEUS, is the largest container ship ever. now docked at Tien Sa Port 4, Da Nang Port.
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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.
Company Q (Plaintiff – the Insured) and Company B (Defendant – the Insurer) entered into an insurance contract. After an insured event occurred, the parties could not agree on the value of the loss and therefore conducted an assessment. The unilateral assessment conducted by the Insurer was not accepted, while the independent assessment was only partially recognized.
