WHY WEIGHT?

摘要

There is a common phrase embedded into insurance law that the party presenting the risk must act with "utmost good faith" when communicating information pertaining to a business transaction. The container supply chain has evolved through its 50-plus years' history into a complex range of business transactions between multiple entities involving the movement of cargo internationally. The variety of the stakeholders through the entire supply chain process is matched by the plethora of legal and regulatory obligations required to smooth the cargo's passage. While much of the data concerned are necessarily received in good faith, critical elements are not known accurately.