This article is part of The Wire: Focus on The Gulf, released in March 2015.
Ten years have elapsed since ITIC last issued these Guidelines and they have therefore been updated. Cargo is valuable, and parties not entitled to the goods attempt to obtain delivery. These parties often succeed due to the inattention and negligence of import clerks in ship agency offices. It is important that import clerks are properly trained and know where the areas of greatest risk are. The ITIC Guidelines are specifically designed assist in this task.
In the high speed, high pressure business of ship agency, time and accuracy are of the essence. Occasionally this leads to mistakes when it comes to the basics. ITIC has therefore created a set of guidelines for ship agents on...
You must inform ITIC as soon as you receive a claim or become aware of circumstances which might lead to one. It is a requirement of your insurance to do so. The early reporting of claims saves you time, trouble and costs....