Foreword A purchase order (PO) is known as an official document outlining expectations between the supplier and the buyer in the purchasing process. A purchase order communicates exactly what you’re buying, how you want it produced, and how you want it shipped and handled. Effective purchase orders are absolutely needed when manufacturing abroad. A purchase… Continue reading PURCHASE ORDER: BASIS FOR ESTABLISHING A CONTRACTUAL RELATIONSHIP
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SHIP ARREST IN SOUTH KOREA: CLAIM FOR HIRE UNPAID BY CHARTERERS
Foreword It is, unfortunately, not uncommon for charterers to fail to pay hire as agreed upon in the charter party agreement. When faced with such situations, Shipowners often resort to legal action to recover the unpaid hire from the Charterers. Legal action may involve various steps and considerations, one of which is the application for… Continue reading SHIP ARREST IN SOUTH KOREA: CLAIM FOR HIRE UNPAID BY CHARTERERS
SHIP COLLISION: RISK OF OIL POLLUTION
Foreword Oil pollution resulting from ship collisions is a pressing environmental concern that can have devastating effects on marine ecosystems and local economies. Collisions, particularly involving oil tankers, pose significant risks as they can cause the hull to rupture, leading to the catastrophic release of thousands, or even millions, of gallons of crude oil or… Continue reading SHIP COLLISION: RISK OF OIL POLLUTION
Establishing a Commercial Presence in Vietnam: What Foreign Marine Shipping Lines Need To Know
Vietnam presents a lucrative market for foreign shipping lines, offering opportunities to exploit freight routes to numerous countries and continents worldwide. The potential for foreign shipping lines to serve exporters and importers in Vietnam is substantial. We frequently receive inquiries from shipping lines about establishing a commercial presence in Vietnam, whether they are planning to… Continue reading Establishing a Commercial Presence in Vietnam: What Foreign Marine Shipping Lines Need To Know