MARITIME LAW

U.S. - VIETNAM PHONE CALL ON RECIPROCAL TAX FRAMEWORK: A POSITIVE SIGNAL FOR BILATERAL TRADE
U.S. - VIETNAM PHONE CALL ON RECIPROCAL TAX FRAMEWORK: A POSITIVE SIGNAL FOR BILATERAL TRADE

On the evening of July 2, 2025, General Secretary Tô Lâm and U.S. President Donald Trump held an important phone conversation, marking a new step forward in economic and trade relations between the two countries. Among the most closely watched topics by the public and business community was the agreement on reciprocal taxation — a "hot" issue amid the U.S.'s aggressive imposition of trade tariffs on goods from several Asian countries, including Vietnam.

What are Port Services?
What are Port Services?

Bustling seaports around the world handle a staggering 92% of goods traded in the world. Several thousands of intermodal containers pass through such marine logistics hubs as they are transported from one location to another.

What are One-Trip Shipping Containers or Single-Use Shipping Containers?
What are One-Trip Shipping Containers or Single-Use Shipping Containers?

As the name suggests, a one-trip or single-use shipping container is a new container that has been used only once for carrying cargo. After completing the single trip, it is sold to another buyer.

What Is Energy Efficiency Design Index?
What Is Energy Efficiency Design Index?

90% of the world’s trade depends on international shipping. Emissions from ships are a matter of grave concern that the most extensive transportation and logistics sector has been grappling with for several years.

What Are Foldable Containers For Shipping Cargo?
What Are Foldable Containers For Shipping Cargo?

When the Japanese registered Hakone Maru set sail for the first time from Japan on August 27, 1968, on its voyage to Oakland, United States it was a giant step in maritime cargo transportation – especially the transportation of standardized box containers. On its maiden voyage, it carried 752 twenty-foot shipping containers (TEUs).

Understanding Customs Clearance Process in Shipping
Understanding Customs Clearance Process in Shipping

Airports, seaports, and land ports of a country are its entry and exit points—people and cargo move in and out of a country through these gateways. Typically, while the Immigration department of a government keeps track of passenger movement through these entry-exit points, the Customs department monitors goods coming in and going out of these ports.

Top 5 Biggest Bulk Carriers In the World
Top 5 Biggest Bulk Carriers In the World

Bulk carriers are maritime vessels designed to carry loose bulk cargo like grains, cereals, coal, ores, iron, steel, cement etc. Today bulkers comprise 21 per cent of the global shipping fleet and most of them are registered in Panama. A leading builder of bulk carriers is South Korea whose shipyards have produced 80 per cent of the Very Large Ore Carriers.

Understanding Shipping Container Numbers
Understanding Shipping Container Numbers

Currently, the container capacity of 5 of the world’s major players in container transport is estimated at 16.4 million TEUs (Twenty Equivalent Units). More than 90% of global cargo is transported by multimodal containers.


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