In today’s world, it is virtually impossible to conduct business without using some form of electronic communication.
Continue readingSouth Africa: Mediation in the shipping industry – challenges and synergies
Mediation is the future of dispute resolution in the shipping industry. Mediation is not without its disadvantages.
Continue readingSouth Africa: Primary industries suffer from illogical diesel rebate legislation
Diesel rebates are important for the sustainability of South Africa’s primary industry economy. Transport costs are the single input cost.
Continue readingSouth Africa: Pension funds seeking to invest in foreign private equity remain impeded
In order for a SA pension fund to invest in a foreign private equity fund, it must be managed by someone who has a Category I FSP licence.Â
Continue readingSouth Africa: Supreme Court of Appeal considers Merchant Shipping Act warranty
On May 8 2005 the fishing trawler Lindsay collided with the bulk carrier Ouo do Brasil a few miles off the coast near Cape St Francis, South Africa. The fishing trawler capsized and sank soon after the collision. Fourteen crew members lost their lives in the tragedy, which prompted a lengthy Court of Marine inquiry.rnrnThe tragedy also resulted in litigation between the owner of the Lindsay (Viking Fishing) and its hull underwriters (Mutual & Federal) arising from repudiation of the claim for loss of the trawler.
Continue readingSouth Africa: Shippers weigh your containers or face the consequences
Transnet recently issued a statement advising that it will not be providing a weighing service to shippers in Port.
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