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Welcome to the 53rd edition of the Claims Review This year, ITIC proudly marked its 100-year anniversary with a celebratory event held at Christ Church Spitalfields . The venue was filled to

TRANSPORT professionals need to spend more time engaging with their insurers or risk endangering their business, according to Roger Lewis, Underwriting Director of the International Transport

International Transport Intermediaries Club (ITIC) has highlighted the costly consequences of a shipping pool manager’s failure to accurately describe a tanker, leading to a substantial claim by

An FFA broker was negotiating a Panamax contract for December. The negotiations were slightly unusual in that they took place in December, once the month had already started. The principal had done

A berth broker member was engaged by an owner of a berth to sell it on his behalf. Negotiations commenced with one buyer who continually required changes to the memorandum of agreement (moa)

In the ten years from 2000 to 2010 claims against liner agents for errors in passing on reefer temperatures for refrigerated containers or failure to arrange for reefers to be plugged in to the

A broker was engaged to arrange two connected transactions in forward freight agreements (FFAs): one was to buy the average of the Panamax indices for the second quarter of the year, and the other

A ship agent overlooked the filing of some customs documentation for two containers of bananas due to be loaded on a ship in the Caribbean. Due to this error, the two containers remained in

A London broker was the sole broker in relation to a contract of affreightment (“COA”). The COA contained a base freight rate for Rotterdam discharge. The freight rate was stated to be on the basis

A pool manager misdescribed a tanker as being acceptable to a specific oil major, even though he had received an email from the head owners prior to fixing that stated she had been rejected by them.