In a recent case, an International Transport Intermediaries Club (ITIC) member faced legal action for unwittingly infringing design copyright. The member, a naval architect, was asked by a customer to provide final designs and specifications for a workboat based on existing plans supplied by them. As the customer’s stamp was clearly shown on the plans, the naval architect assumed that the customer retained ownership.
In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which was deemed to be unstable.
The next ITIC panel debate in the series focuses on naval architecture.
Professional indemnity insurance for naval architects
International Transport Intermediaries Club (ITIC) has launched a cyber liability extension to ITIC policies to protect its existing professional indemnity members against the growing threat posed by hackers.
International Transport Intermediaries Club (ITIC) says recent claims experience demonstrates that naval architects need to be aware of the need to protect against their exposure to liability for damages resulting from errors in design work.
ITIC IN THE NEWS: The following article, written by Robert Sniffen, Senior Account Executive, appeared in the October 2012 edition of The Naval Architect magazine.
International Transport Intermediaries Club (ITIC) has highlighted the level of exposure to liability which naval architects can face, especially in today’s financially troubled shipping industry. In the latest edition of its...