Strengthening the Risk-Prevention Network; Discussing New Regulations to Drive Development

     To precisely address the new regulations that will take effect on May 1, 2026 Maritime Law Article 93: Major Adjustments. Recently, the company convened departments including Operations, Risk Control, Finance, and Commercial Transportation for a collective study session on the new regulations, thoroughly explaining the core changes related to the reversal of liability for unclaimed cargo at the port of destination, identifying risk points across the entire supply chain, and formulating risk-control measures to ensure a smooth business transition.

The Risk Control Department provided a detailed interpretation of the core principles of the new regulations, while company leadership and various departments engaged in focused discussions on topics including the reassignment of risk‑responsibility entities, the obligations that carriers must fulfill, the optimization of trade terms, coordination and communication with freight forwarding companies, shipment logistics, and the timely collection of receivables.

During the discussion, participants systematically identified risk factors for orders in transit, pending shipment, and those arriving at port after May 1, and formulated corresponding mitigation measures. These included revising terms in trade contracts and freight‑forwarding agreements, strengthening buyer credit‑worthiness assessments, providing end‑to‑end tracking and arrival‑notification services, standardizing the entity responsible for booking space, obtaining cargo‑abandonment insurance, and ensuring clear accountability at every stage of the process.

This seminar strengthened risk awareness across the organization, facilitated the integration of new regulatory requirements into every stage of business operations, and provided a solid foundation for compliant business management and the prevention of significant losses. Moving forward, the company will also invite an external law firm to deliver specialized training sessions, conducting in-depth assessments and capacity‑building on compliance throughout the entire foreign trade process and on risk‑mitigation strategies.