This edition of the Intermediary contains the following articles: Surveyors Signing Indemnities, Signing Off - The importance of getting it right, Liabilities of Ship Owners Attaching to Agents, FONASBA/ITIC ISPS Clause, Drafting Pro-forma Disbursement Accounts, When a Ship is not a Ship, Ship management German style, Classification Society Liability, Escrow Accounts, Naval Architects - Thoughts on Loss prevention and ITIC News

The Intermediary - September 2006

31/08/2006
I am delighted to introduce this latest edition of The Intermediary. It is designed, as ever, to be informative and practical on the one hand, while remaining straightforward and readable on the other. It also seeks to provide...

31/08/2006
Sometimes the Club’s surveying members will be asked by the ship owner to sign indemnities, disclaimers, waivers or releases before they perform a job for their principal by the ship owner before the surveyor will be granted...

31/08/2006
ITIC insures many companies whose job it is to arrange contracts on behalf of a principal between the principal and a third party. A problem which continues to produce many claims is the failure to clarify when arranging the...

31/08/2006
In many countries ship agents, and, in some cases ship managers, can find themselves involved in claims as a result of their joint and several liability with their principal, be that the ship owner or charterer. This liability...

31/08/2006
In July 2006 the Federation of National Associations of Shipbrokers and Agents (FONASBA) conferred “Standard Document” status on an ISPS clause, drafted with the assistance of, and approved by, ITIC. FONASBA recommends that the...

31/08/2006
ITIC has recently received a number of enquiries from ship agents who have experienced problems with principals not settling disbursement accounts in full because they are different from the pro forma disbursement account...

31/08/2006
Perhaps more accurately in this instance, the question is really when does a ship cease to be a ship for the purposes of arrest. This was the issue addressed by the Ghent Court of Seizures. A Maltese-registered car-carrier...

31/08/2006
In recent years liner operators have been rushing to Germany for their new tonnage. Several have set up their own ship management companies in Germany. They have done so because, during the 1990s, Germany’s tax laws were amended...

31/08/2006
By Gry Bratvold and Gaute Gjelsten of Wikborg Rein Classification societies occupy a unique place in the field of maritime law and commerce, despite, or perhaps because of, the controversy that surrounds them....

31/08/2006
ITIC has seen an increasing number of sale and purchase brokers being asked to hold deposits on behalf of the buyers and sellers. While not yet a feature of a large number of transactions, the practice is now sufficiently...

31/08/2006
ITIC insures an ever increasing number of naval architects. The challenges and claims encountered by naval architects are extremely varied, but the following article illustrates three of the common issues ITIC has seen faced by...

31/08/2006
THOMAS MILLER AUSTRALIA The Sydney office was the first overseas office set up by Thomas Miller, and was established 30 years ago. The office has 8 staff and is located in the city, overlooking the Queen Victoria Building....

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