Legal value of text in commercial transactions
In many cases, a document signed by an unauthorized person is still legally valid and binding the parties, but on what basis for us to know so? The following dispute resolved at an arbitration center shows the necessary precautions to be protected by the provisions of laws regulations and, even if the documents cannot be [...]
New highest handling record per mother vessel in vietnam achieved by Tan Cang – Cai Mep international terminal
Within less than 7 days, new handling records per mother vessel at TCIT have been continuously set, starting with 14,235 TEUs on MEISHAN BRIDGE on 10 Jun 2021, then experiencing the record-breaking trend while exceeding the previous one with 15,615 TEUs on MONACO BRIDGE at 09:00 on 19 Jun 2021. This is also recorded as [...]
Vietnam needs a large container fleet serving import-export
In 2020, despite being affected by the pandemic of COVID-19, the container throughput through seaports reached over 22 million TEUs, with nearly 700 million tons of cargo. However, Vietnam’s fleet only accounts for about 7% of the market share, the rest is in the hands of foreign shipping lines. Therefore, it is important and necessary [...]