1837 results:

Possibly the first arrest

ITIC has assisted a shipbroker to obtain, what we believe, is the first arrest of a ship in a Commonwealth law jurisdiction for unpaid commission. The shipbroker had commenced London arbitration

Arrest: not always a quick remedy

Over the years, ITIC has arrested many vessels in order to recover outstanding debts for Members. Where an undisputed debt is involved the majority of arrests result in the debt being paid

Charterparty Commission Dispute Involving Two Brokers

A shipbroker who was a Member of ITIC (broker A) had been a co-broker in chartering a ship with another broker (broker B). Broker B was not a member of ITIC. During the negotiations, broker B added

ITIC circular: UK P&I Club N.V. portfolio transfer of insurance business to ITIC Europe

ITIC circular: UK P&I Club N.V. portfolio transfer of insurance business to ITIC Europe

TO THE MEMBERS AND THEIR BROKERS UK P&I Club N.V. Portfolio Transfer of Insurance Business to International Transport Intermediaries Insurance Company (Europe) Ltd ITIC wrote to you in January

RULE 4 - Indemnity

The agent should therefore also ask himself the questions set out in the following Rules: Has your principal given written authority to release and agreed the wording and security? An agent

SEIZURE OF BUNKERS TO RECOVER COMMISSION

Three chartering brokers requested the assistance of the Club to recover US$55,400 commission unpaid by an oil trader.  The Club obtained information that the oil trader had another ship on time

Berth booking blunder

Ship owners appointed a port agent for the call of their vessel for bunkers. The agent failed to complete the required customs formalities in time to book the berth. Unfortunately, this mistake went

Forged bills of lading

The shipment of six containers of castor oil, worth USD 270,000, was arranged by a ship agent member of ITIC. The containers were to be transported from India to Antwerp. Unfortunately, the Belgian

Lifeboat overboard...

Lifeboat overboard...

A lifeboat was discovered to be missing by the crew at 07.00 one morning. It had evidently fallen overboard during the preceding night. The Master reported the lifeboat as missing and it was

Avoidable appointment of armed guards

A ship manager was managing a tanker entering West African waters. The manager believed the terms of the charterparty provided that armed guards were to be appointed at the charterer’s expense. The