The Intermediary - September 1999
This early issue of the Intermediary contains the following chapters: Signing off…“as agent only” Intermediary news - The high cost of winning A practical review of the proposed amendments to U.S. COGSA Ship agents beware Risks in surveying Debt collection service –some practical guidance Alternative dispute resolution Sub agency agreements Helpdesk at ITIC Board approval ITIC now on the Internet NVOC bills of lading Liability insurance – a luxury or necessity? Please be aware that some data within this issue is now out of date, but for completeness it is still held on our website.
The Intermediary - September 1999
31/08/1999
Many ITIC ship agent, shipbroker and ship manager Members become needlessly involved in matters which should only concern their principals because of carelessness in the way that they represent themselves to others. If a company...
31/08/1999
ASBA golf day In spite of ITIC being willing to pay claims whenever justified, disappointingly there was no opportunity to do so when the Club sponsored a hole-in-one at the Association of Ship Brokers and Agents...
31/08/1999
Ship agents and brokers must interface on a daily basis with shipowners and operators. As such, they must have a working knowledge of the laws that govern the rights and liabilities of carriers and cargo owners. The primary...
31/08/1999
For the serious surveyor, professional indemnity or PI cover is certainly highly desirable but just how much at risk is the average surveyor? Chris Spencer of C.F. Spencer has helped to defend several claims against his fellow...
31/08/1999
ITIC’s Rule 10 provides ship agent and ship broker Members with cover for additional legal expenses and debt collection. This article (in the form of an interview) provides an insight into how the managers undertake this service...
31/08/1999
Alternative Dispute Resolution (ADR) has for many years been a feature of the litigation process in a number of jurisdictions around the world such as Australia and the United States. As a result of the implementation of the...
31/08/1999
The practice of a ship agent employing a sub-agent in order to undertake tasks in a port in which the agent himself does not maintain an office will be familiar to many readers of The Intermediary. The custom appears to be on the...
31/08/1999
In addition to the comprehensive insurance provided by the Club, all Members have access to free advice and guidance from the Club’s “Helpdesk”. The staff of ITIM, ITIC’s management company, have all had industry experience and...
31/08/1999
ITIC Members might be forgiven for thinking that their Club is controlled by the managers. Underwriting quotes, claims payments and publications are all the responsibility of the managers; as indeed is the successful operation of...
31/08/1999
Some of ITIC’s Members operate as non ship owning carriers and this article examines some of the pitfalls that can be encountered when issuing NVOC Bills of Lading. You have paid the loss – can you recover from the actual...
31/08/1999
A large number of ship and crew managers still operate without professional indemnity or liability insurance – by one calculation perhaps 40% of them. Why is this? Have the 60% who have chosen to protect themselves got it right...
