Indian ship agents are no longer liable for any deficit or short-fall in the sale proceeds of un-cleared or abandoned cargo. ITIC has been insuring many ship agents in India since 1985.
During this extraordinary time of lockdowns around the world, there will be issues with receiving the original bills of lading. Port agents may be asked by consignees to deliver goods to them without providing a bill of lading in return.
ITIC has often issued warnings about ship agents being used by people smugglers to cover the movement of illegal migrants. This circular was issued in December 2017, to warn the membership about a re-emergence of this scam.
FONASBA and BIMCO announce the launch of a new Agency Appointment Agreement document. The Agency Appointment Agreement provides an effective means of setting out the details of an agency appointment.
The amendment to the Safety of Life at Sea Convention (SOLAS), which requires that all containers loaded onto a ship for export have a verified gross mass (VGM), came into force on 1st July.
ITIC has become aware of a scam which has resulted in pre-funded port costs being diverted to a fake bank account.
What are "switch" bills of lading? “Switch” bills of lading are a second set of bills issued by the carrier (or by the carrier’s agent) in substitution for the bills of lading issued at the time of shipment....
ITIC has a long history of issuing warnings on the subject of ship agents being used by unscrupulous migrant smugglers to move illegal immigrants around the world. This Circular was issued to all ship agency members in August 2013.
Our Ref: 2005/03 October, 2005 To: all Australian ship agency members and their insurance brokers Road Transport Regulations – Compliance and Enforcement The Managers have been contacted by a number of...
What are "switch" bills of lading? “Switch” bills of lading are a second set of bills of lading issued by the carrier (or by the carrier’s agent) in substitution for the bills of lading issued at the time of...
Some years ago the Club included an article on the dangers attached to "pre-dating and clausing" of bills of lading in its newsletter, "The Intermediary". The Club issued a circular on the same subject...
THE SHIP CALLING FOR A CREW CHANGE MAY INVOLVE ILLEGAL IMMIGRANTS The Club first issued a circular as long ago as 1989 on the subject of ship agents being used by unscrupulous migrant smugglers to move illegal immigrants...
Our ref: 96/01 August 1996 TO: Members and their brokers Some years ago the Club included an article on the dangers attached to "pre-dating and clausing" of bills of lading in its newsletter, "The...
Our Ref: 94/06 March 1994 To: Members In November 1992 the club issued its circular 92/11/2 under this same heading, and attached a set of guidelines for agency staff concerned with the issuance of delivery orders. The...
Our Ref: 92/11/2 November 1992 To: Members It is the Club's experience that the most consistent large risk faced by ship agents arises from the delivery of cargo without the bill of lading. Both TIM and CISBA wrote...