02/05/2017
A referendum was held on 23 June 2016 as to whether the United Kingdom should remain a member of the European Union.  A majority of the electorate voted in favour of the United Kingdom (“UK”) leaving the European Union (“EU”). 

11/04/2017
At their meeting on 23rd March 2017, the Directors of ITIC approved the text of the 2017 ITIC Rules. In accordance with Rule 16.3 of the current 2012 Rules you are given notice of the changes to ITIC Rules.

31/01/2017
ITIC would like to draw your attention to the recent extension of service tax to apply to freight received by foreign owners and charterers for goods imported into India. The imposition of this tax will have a significant impact on Indian ship agents. 

13/01/2017
FONASBA and BIMCO announce the launch of a new Agency Appointment Agreement document. The Agency Appointment Agreement provides an effective means of setting out the details of an agency appointment.

08/09/2016
Hanjin Shipping Co. Ltd (Hanjin) applied for court rehabilitation in Korea on 31 August 2016. The Seoul District Court (Bankruptcy Division 6) issued a decision accepting the application and commencing rehabilitation proceedings the next day, 1 September 2016.

03/07/2016
The amendment to the Safety of Life at Sea Convention (SOLAS), which requires that all containers loaded onto a ship for export have a verified gross mass (VGM), came into force on 1st July.

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