Tag: regulatory update

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ICC Incoterms under revision to keep pace with global trade landscape

The ICC Incoterms® rules are an internationally recognised standard which have become an essential part of the daily language of trade.  Published by the International Chamber of Commerce, the Incoterms Rules allow buyers and sellers to transact business with the certainty that each understands all obligations concerning the tasks, costs and risks involved in the delivery of goods.

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New regulation against marine pollution at Puerto Cortes, Honduras

According to a circular issued by the The Honduras Directorate of Merchant Marine, ships calling at Puerto Cortes must present, with 24 hours in advance, an Insurance Certificate of Civil Liability against marine pollution events, and a Certificate of Coverage for Response to Incidents of marine pollution issued by a company authorized for this purpose by the maritime authority, to the local office of the General Directorate.

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BWM recent developments

Mr. Mark Hadfield, CEO, Flow Water Technologies, addressed the subject of ballast water treatment which is one of those subjects that whenever it is brought up, ship operators tend to avoid, he commented. This is due to the enormous space required for the installation of a BWMS and the many regulations concerning its application.

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