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Claims Review 54

Claims Review 54

Welcome to the 54th edition of ITIC’s Claims Review. The ITIC board met for their March 2026 board meeting in Hamburg. ITIC continues to be in excellent health, financially strong and maintaining…

Press Release: Marine surveyors urged to strengthen due diligence after US$30,000 off-spec grain cargo dispute

Press Release: Marine surveyors urged to strengthen due diligence after US$30,000 off-spec grain cargo dispute

A US$30,000 off-spec grain cargo claim directed at the wrong surveyor has prompted International Transport Intermediaries Club (ITIC) to warn marine surveyors of the liability exposure they face when…

Ask the legal team

Ask the legal team

Does a commission agreement improve your chances of getting paid? Yes. Having a formal commission agreement can significantly improve a broker’s chance of getting paid. For brokers, securing payment…

Fashionably mis-released

Fashionably mis-released

At a discharge port in Europe, members acted as agents for a carrier carrying a container of branded clothing shipped from Asia. Half of the cargo was to be released against original bills of lading,…

Rotation refusal

Rotation refusal

A shipbroker was instructed by their principal to find a ship to perform a shipment under a Contract of Affreightment (COA) which their principal had entered into with a trader. Once the trader…

Mexican wave goodbye to funds

Mexican wave goodbye to funds

Watch EU Underwriter, Elena Evriviadou, explain this claim here.  A pool manager sent an email to the owner of a ship notifying them of the intention to make a payment of US$320,000 and…

Interview with Antonios Vyrgiotis

Interview with Antonios Vyrgiotis

Antonios Vyrgiotis, Director and Senior Account Executive, sits down to chat with the Claims Review editor, as part of this regular interview series in which we get to know ITIC’s claims handlers.…

Picture not perfect

Picture not perfect

A naval architect designed a series of yachts in 2010 and subsequently displayed photographs of these yachts on their website to promote their design work. The photographs had originally been…

No defence

No defence

A ship agent in South America was served with a claim brought by subrogated cargo insurers for approximately US$58,000 against the owners/the ship and against the ship agent personally, arising from…

Detention dispute

Detention dispute

A ship manager took over the management of a ship in June 2023. They inherited a ship with over 150 known defects. These were fully disclosed and acknowledged by the owners. In response, the manager…