This early issue of the Intermediary contains the following chapters: Barbara Fletcher of the Institute of Chartered Shipbrokers, Ship arrest, Arresting for Shipbrokers' Commission, Shipbrokers' Website Wordings, The right decision, Standard Trading Conditions for Marine Professionals, The dangers of Placing Separate P&I Insurance for Crew, Training and Education, Mediation - an increasingly common way to resolve disputes, High expectations, Loss of commission insurance, Liner Agents Beware! Wrongful arrest, Fake Crew Certificates, Debt collection - money well spent, How to present a claim to ITIC, The Marshal sometimes gets it wrong, Illegal Immigrants Posing as Crew, Use of email.

The Intermediary - September 2001

02/09/2001
Welcome to this edition of the Intermediary.  Since the last edition the Club has reached a landmark.  We have now collected over US$ 50 million on behalf of our Members.  Additional Legal Expenses and Debt...

02/09/2001
When an owner or charterer defaults on his obligations there is an understandable desire for instant decisive action in the form of arresting a ship.  This is often, but not always, a prudent step. A number of issues will...

02/09/2001
In the March 2000 edition of “The Intermediary” we reported on major changes to the law affecting ship brokers’ commission, as was brought about by the coming into force of the Contracts (Rights Against Third Parties) Act...

02/09/2001
ITIC is willing to give its views as an insurer on a wide range of documents that Members use in the course of their insured businesses. The Club’s managers will frequently review liner agency agreements, ship management...

02/09/2001
The Club prides itself on its sympathetic claims handling and cost effective claims settlements.  In many cases a Member is facing a claim from his customer and is understandably anxious to protect his commercial...

02/09/2001
A wide variety of companies providing professional services to the transport industry choose ITIC as their professional indemnity insurer.  The Club’s membership includes surveyors and consultants, adjusters, insurance...

02/09/2001
A ship owner can either place the insurance of his ship with underwriters himself or alternatively pass the responsibility of insuring the ship onto the ship manager under the ship management contract. Usually the Protection and...

02/09/2001
ITIC Around the Globe ITIC, like the shipping markets served by its Members, is truly international.  The Club has Members in 93 countries. We, at our London office, have wide specialist knowledge of the problems...

02/09/2001
There has been a considerable rise in the number of shipping disputes referred to mediation in the last few years. Mediation is a form of assisted negotiation and involves the appointment by the parties of a mutually acceptable...

02/09/2001
At ITIC’s Forum 2000 the talk was of how “dotcoms” would be replacing the marine intermediary.  Almost twelve months later the situation has changed considerably. Just a few years ago conducting shipping transactions online...

02/09/2001
ITIC launched its website at www.itic-insure.com in June 1999.  We are pleased that the site has been of use to many Members and potential Members seeking information and have continued to develop it.  The site now...

02/09/2001
The Club offers cover to ship brokers and ship managers against loss of their commission or management fee as a result of a marine peril. Most companies, whether marine or non-marine, have some form of business interruption...

02/09/2001
It was always a fundamental assumption that only one set of bills of lading for each cargo should be in circulation.  However, this concept pre-dates the advent of Non-Vessel Owning Carriers (NVOC’s).  Ship agents in...

02/09/2001
The Club is often asked about the threat of a counter-action against the Member for wrongful arrest.  In most countries, including the United States and England, a ship can be arrested with little possibility of incurring...

02/09/2001
Against the background of shortage of suitably qualified crew, it is increasingly difficult for ship and crew managers to locate crew who have the necessary certificates to both confirm their competency, and to satisfy flag state...

02/09/2001
ITIC has recovered US$ 50 million on behalf of its Members who have debt collection insurance. ITIC offers its Members, under Rule 10, an optional cover to assist with the recovery of outstanding debts, commissions, brokerages...

02/09/2001
A ship agent Member of ITIC was recently appointed by the local Admiralty Marshal to act for a ship under arrest.  Once the agent obtained the disbursement vouchers he tendered his account for reimbursement, but was told by...

02/09/2001
The last two editions of The Intermediary have contained articles on this subject, and  Members should be aware that the problem continues.  The past year has seen ITIC ship agent Members in Spain, Portugal, Ireland,...

02/09/2001
The proliferation of communication by e-mail has made our lives both easier and more difficult.  It is now easier and cheaper than ever to communicate with business partners in all parts of the world, but the “immediate”...

Get a quote

Get a Quote

Fill in the relevant proposal form to receive a quote.

Make a claim

Make a claim

Guidance on how to report a claim.

Talk to our experts

Talk to our experts

Contact us at ITIC.
+44 (0)20 7204 2928