Publications
Intermediary October 2002
ITIC's trading conditions for marine surveyors & consultant
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ITIC’s trading conditions for marine surveyors & consultants
Shipowners use them, so do forwarders, hauliers, rail & airline operators, warehouses, ports and terminals, agents and brokers. Why not surveyors and consultants also?
In the last issue of the “Intermediary“, we reviewed the many advantages for a surveyor or consultant of using standard trading conditions. Following consultation with a number of industry bodies, ITIC has produced its own version of standard terms for use by surveyors and consultants.
These are available for Members use, free of charge, and copies can be downloaded from ITIC’s website at www.itic-insure.com.
The Institute of Chartered Ship brokers revises its standard trading conditions
The Institute of Chartered Ship brokers (ICS) has updated its standard trading conditions. The new 2002 version received the approval of the Institute’s Federation Council in September 2002 and will be circulated for use by company members and individual members operating for their own account from October 2002.
The new version covers both ship agency and freight forwarding activities, but gives company members the option to include their forwarding activities (or not,as they may so decide). The 2002 standard trading conditions supersede the 1993 conditions which will be withdrawn from use upon issue of the 2002 version.
ITIC was pleased to provide assistance and advice to the ICS in formulating the new wording, and recommends their use by ICS members.