In the aftermath of the financial crisis of 2008 brokers providing valuations included additional wording in their certificates reflecting the state of the market. These generally pointed out  that the lack of comparable sales made the assessment of values uncertain.

Our Ref: 2005/01 October 2005 To Shipbroker Members and their Insurance Brokers Every year the Club pays claims caused by shipbrokers failing to forward demurrage claims properly. By the time the mistake is discovered the...

Our Ref: 97/04 April, 1998 To: ship broker, ship manager and marine consultant Members and their insurance brokers. At their meeting on 21 April, 1998, the Directors of the Club confirmed that they viewed a risk arising...

Our Ref: 97/02 3rd April 1998 To Shipbroker Members and their Insurance Brokers Members will be aware that the first key date for implementation of the ISM Code is 1st July 1998. Many of our Members' principals have already...

Our Ref: 93/6/1 June 1993 To: Ship Broker Members Dear Sirs, In recent months the Managers have become concerned about the increasing number of claims on brokers arising from the submission of demurrage statements to...

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