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11/07/2024
ITIC Europe Wire - Elena Evriviadou, Underwriter.
ITIC Europe Wire - Mikaela Koni, Senior claims executive
ITIC Europe Wire - Marios Papadakis, Chief Financial & Risk Officer
Charlotte Kirk, CEO of ITIC Europe & Commercial Director of ITIC
This edition of The Wire focuses on ITIC Europe – ITIC’s new subsidiary based in Limassol, Cyprus.
03/06/2024
Welcome to this edition of ITIC’s electronic newsletter, The Wire, which focusses specifically on ship classification societies.
The shipping industry is one of the most litigious in the world. Most classed ships are owned by international shipowners and trade internationally.
The Maltese-flagged oil tanker ERIKA broke apart off the west coast of France and severely polluted the French coastline in December 1999.
In November 2002, the Bahamas-flagged oil tanker PRESTIGE, heading from the Baltic to Asia with a cargo of heavy fuel oil, began to break up in bad weather in the Bay of Biscay.
A classification society surveyor had given an 80 foot steel hulled motor yacht a periodical special survey and had passed the yacht as “100 A1”.