Incoterms 2020

Incoterms 2020

John Habergham, Myton Law, Hull U.K. [Ed Note: the following is a summary of remarks made by John Habergham at a recent BIFA Regional Meeting] It is 10 years since the last revision of Incoterms, 2010, and I think that, although much anticipated, the new version...
Carriers Levy Large Fines for Misdeclared Cargo

Carriers Levy Large Fines for Misdeclared Cargo

Gavin Magrath, Magrath’s International Legal Counsel, Toronto, Canada CIFFA Members should be aware that several major carriers – including Maersk, Hapag-Lloyd, HMM and OOCL – have recently moved to impose very large fines for misdeclared cargo. Maersk, one of the...
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