Choosing the Right One for Sea Transport — Incoterms® 2020

The paper presents the main features of Incoterms® 2020, i.e., the International Chamber of Commerce rules for the use of domestic and international trade terms, which came into force on January 1, 2020. The International Chamber of Commerce revises the current Incoterms® rules every few years to eliminate vague and/or imprecise interpretations of the obligations of parties involved in the international trade. The revisions result in changes to existing terms and/or the introduction of new terms that help facilitate the flow of goods both domestically and internationally. Therefore, this paper aims to present the main features of the latest Incoterms® terms that are in force and are used in international trade. In addition, changes to previous Incoterms® terms are examined and presented in order to highlight key differences that may influence the choice of the relevant term. Particular attention has been paid to Incoterms® terms used in sea transport, as sea transport remains the dominant transport sector in the world trade

An Overview of Modern Technologies in Leading Global Seaports

This paper provides an overview of the modern technologies used in selected global seaports, and their possible impact on future development of seaports. The research problem stems from inefficience of customs procedures, dispute information flow, unneeded container manipulation in port area, and time lost due to bureucracy procedures. Methods used in this paper are the descriptive method, method of analysis, classification method, and compilation method. Since the majority of leading global seaports are placed in China, the authors decided to analyze the most successful seaport from each country, in order to achieve heterogeneity and global insight into used modern technologies. In total, eleven seaports placed on Lloyd’s list Top 100 Ports have been analyzed. Key findings in this paper are: (1) different level of development of a particular country affects different levels of implementation of new technical and technological achievements, resulting in different levels of development of each seaport; (2) future development of modern technologies in seaports leans towards autonomous technologies such as autonomous drones, and self-driving trucks. Modern technologies may improve the safety and efficiency of operations in and outside seaports