The law of agency is an area of commercial law dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve a person, called the agent, that is authorized to act on behalf of another (called the principal) to create legal relations with a third party. Succinctly, it may be referred to as the equal relationship between a principal and an agent whereby the principal, expressly or implicitly, authorizes the agent to work under his or her control and on his or her behalf. The agent is, thus, required to negotiate on behalf of the principal or bring him or her and third parties into contractual relationship. This branch of law separates and regulates the relationships between:
agents and principals (internal relationship), known as the principal-agent relationship;
agents and the third parties with whom they deal on their principals' behalf (external relationship); and
principals and the third parties when the agents deal.
In 1986, the European Communities enacted Directive 86/653/EEC on self-employed commercial agents. In the UK, this was implemented into national law in the Commercial Agents Regulations 1993.
Service provision is often an economic activity where the buyer does not generally, except by exclusive contract, obtain exclusive ownership of the thing purchased. The benefits of such a service, if priced, are held to be self-evident in the buyer's willingness to pay for it. Public services are those, that society (nation state, fiscal union, regional) as a whole pays for, through taxes and other means.
By composing and orchestrating the appropriate level of resources, skill, ingenuity, and experience for effecting specific benefits for service consumers, service providers participate in an economy without the restrictions of carrying inventory (stock) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require consistent service marketing and upgrading in the face of competition.
Business services are a recognisable subset of Economic services, and share their characteristics. The essential difference is that Business are concerned about the building of Service Systems in order to deliver value to their customers and to act in the roles of Service Provider and Service Consumer.
The generic clear-cut, complete, concise and consistent definition of the service term reads as follows:
A service is a set of one time consumable and perishable benefits
delivered from the accountable service provider, mostly in close coaction with his internal and external service suppliers,
effectuated by distinct functions of technical systems and by distinct activities of individuals, respectively,
commissioned according to the needs of his service consumers by the service customer from the accountable service provider,
rendered individually to an authorized service consumer at his/her dedicated trigger,
and, finally, consumed and utilized by the triggering service consumer for executing his/her upcoming business activity or private activity.
It was initiated when a container ship dragged anchor over an underwater pipeline in a storm eight months earlier ... The agency also called for new audible and visual alarms at VesselTraffic Services (VTS) when an anchored ship gets close to a pipeline, along with procedures for VTS to notify pipeline operators of potential damage.
They just get punished — and that is what happened to the PostalService from about 2006 until my arrival in 2020,” DeJoy said at the Nov ...Agency Oversight ... The agency said the decontamination effort led to “significant rerouting of product and service disruptions throughout the Midwest.” ‘I can see some of the improvements’.
MSCMediterranean Shipping Company is continuing to move aggressively to expand its operations through strategic acquisitions as well as investments in its fleet ... The controlling shareholder of Clasquin reports it was approached by MSC’s SAS Shipping Agencies Services subsidiary and has entered into exclusive negotiations.
Freight forwarders that Capital spoke to claim that shipping agencies have been charged service fees, such as those for clearing containers and port security, which can total up to USD 50... shipping agencies must utilize the foreign currency rate set by the DjiboutiCentral Bank.
... its services across multiple industries ... EDTGroup, known for its extensive portfolio encompassing ship maintenance, agency services, and lifecycle solutions for the Oil and Gas sector, among others, views this collaboration as a significant step in bolstering maritime solutions.
In this context, Tototheo Maritime recently provided EDTGroup, a well-established company supplying OffshoreSupportVessels and assets, together with a diverse portfolio including ship maintenance and agency services, and offering top-tier lifecycle services to the Oil and Gas...
Bonnesen warns that this means “a huge impact on shipping in general.” ... Bloomberg reported so far in 2023 carriers have paid $235 million in auction fees to purchase slots, which according to shipping agency Waypoint Port Services is 20 percent higher than in 2022.
The province will also have investment in seaport systems, port logistics services, and trading of services according to international standards, such as maritime agency, warehousing, container handling and ship leasing ... Regarding cargo handling services, there are 19 businesses handling cargo at ships.
Family Services of Tulare County. Family Services mission is to "help children, adults, and families heal from violence and thrive in healthy relationships," according to its website ... Family Services, P.O ... Family Services' AdministrativeOffice, 744 E ... Items purchased from the nonprofit's AmazonWishList will be shipped to the agency.
"These initiatives include the expansion of container handling berths, increased automation of services, acquisition of modern ship and cargo handling equipment and improved partnerships with key government agencies and stakeholders," said Ruto.
An official of shipping giant International Container Terminal Services, Inc. (ICTSI) is urging national agencies to exercise political will to help address interconnected issues in the shipping industry ...Gonzales described the shipping industry as critical and "effectively the economic heartbeat of the country.".
Shipping companies have paid a total of $235 million so far this year to jump ahead of a backlog of congestion at the Panama Canal, according to data from shipping agency Waypoint Port Services Ltd ... queue, with fees to expedite passage paid via auction held by the canal agency.