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To see the article as it appears in Ship Management International please click here.(page 60) ITIC has dealt with claims where commercial managers have ended up making good the financial default of

Is it addressed to both you and your principal? One of the Club's Members was recently presented with a perfectly worded letter of indemnity counter-signed by a first class bank, addressed to

Due to various amendments required by the shipper, liner agents at a load port in South America found themselves reissuing an original bill of lading for a consignment of bananas destined for the

The design of a passenger ship was undertaken by a naval architect, who was appointed by a ship yard. Once the ship entered service, a number of problems were reported by the operator. ITIC

A naval architect entered into a contract with a shipyard to design the structure and access arrangements for new lifeboats and their davits to be fitted to a specific vessel. The naval architect

More and more cases of fraud are being reported to ITIC. Fraudsters use brokers, agents and ship managers as a vehicle for crime. The result leaves them exposed to a liability as a result of

A ship agent was asked by their principal to enquire whether there was space to transit through the Panama Canal on a specific date. However, the agent misunderstood the request to check if a slot

Press stories of attacks by hackers are increasingly common but the reported victims are often well-known companies that hold large amounts of credit card and other sensitive personal data. Although

These are ten golden rules drawn from ITIC’s experience of defending experts: 1) A lot of appointments are casual. If you are a professional then you should have terms and conditions. ITIC has

ITIC has dealt with claims where commercial managers have ended up making good the financial default of the charterers who hired their principal’s vessel.  The starting point, as with most ship