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A large number of ITIC's Members have first hand experience of the arbitration process. This may be as a witness in relation to a dispute involving their principals but frequently this method of

Following the conclusion of two voyages, the owners sent two claims (heating and demurrage) to the shipbrokers within the contractual time bar, with instructions for the broker to send them to the

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

A ship agent was appointed by the owners of a detained ship to arrange an inspection at a port. The port authority advised that the required inspection form and fee had to be submitted

ITIC has previously issued three circulars to Members warning of fraudulent messages altering bank account details. Members may receive messages stating that in light of the financial situation

A shipbroker, who was a member of ITIC, was acting for a ship owner. The owners had a demurrage claim against the charterers and the charterparty contained the following time bars: 60 day

A ship broker was negotiating the details of a fixture directly with two principals. The final clause on an offer ended in two separate paragraphs, each of two lines. When the broker forwarded the

ITIC issued a circular to Members in 2014 in relation to the fraudulent diversion of port expenses. Unfortunately ITIC is seeing evidence of similar frauds being perpetrated across the wider marine

The volume of emails received by some shipbrokers is simply staggering. The missing of time sensitive messages, out of the hundreds received daily, is a major source of claims against

ITIC has previously issued two circulars to Members warning of fraudulent messages altering bank details. Unfortunately ITIC has continued to receive reports of these frauds and accordingly is