14/10/2007
Supply Chain Security has been a hot topic for some years now with the vulnerability of international trade to threats such as economic and political terrorism, smuggling and organised crime becoming an increasing focus for companies.
23/09/2007
TT Club, the specialist transport insurer, has called for the training of those handling dangerous goods on land prior to shipment by sea to be mandated under the International Maritime Dangerous Goods (IMDG) Code.
05/09/2007
Two important recent judgments concerned the question whether a driver who falls asleep at the wheel is liable for wilful misconduct under Article 29 CMR. Fortunately, in both cases the driver survived the accident.
In TT Talk Edition 99 we mentioned that UCP 600, the new 'ICC Uniform Customs and Practice for Documentary Credits' replaced its predecessor UCP 500 per 1 July 2007. UCP does not have automatic force of law, but is almost universally recognized and incorporated by the parties into their documentary credit (or 'letter of credit') contract.
08/07/2007
Following the recent TT Board meeting in Copenhagen
05/07/2007
A remarkable aspect in MSC v Trafigura Beheer (discussed in item 2, just above) was, in the words of Aikens J, the 'international conspiracy' to steal the 18 containers.
As TT Talk goes to press, there are reports of another container, allegedly laden with pesticides, exploding. The Club has frequently highlighted the risks arising from errors throughout the supply chain from manufacture through packing and labelling to documentation.
The TT Club is strongly urging container terminal operators to fit electronic sensor devices to quay crane booms to prevent them accidentally colliding with vessels during loading and unloading operations in port.
02/07/2007
19/06/2007
Customer Satisfaction Survey, next phase begins
25/04/2007
Releasing its 2006 annual results at the end of March, transport insurance specialist TT Club revealed that its biggest single loss during the year had been a man-made one - the explosions and huge fire on board the Hyundai Fortune, in the Gulf of Aden on passage from the Far East to Europe.
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