1837 results:

Costly consequences of incorrect time-bar advice - Maggie Hui Li, Senior Claims Executive, for the ICS Shipping Network magazine

Costly consequences of incorrect time-bar advice - Maggie Hui Li, Senior Claims Executive, for the ICS Shipping Network magazine

ITIC’s Maggie Hui Li advises brokers to not view time bars in isolation Time bars are a perennial problem for brokers and agents. It is very important to have a proper system in place to note what

P&I Club denies authorising correspondent to settle

A marine surveyor and occasional P&I correspondent was requested by a P&I Club to attend on board a ship to survey a cargo of 2,000 metric tonnes bulk fertiliser, which had been contaminated

Press release: Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC

Press release: Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC

ITIC - International Transport Intermediaries Club – has issued a number of warnings on the increasing prevalence of documentation fraud and is reinforcing the message by highlighting a recent case

A Friday afternoon failure

A ship was fixed for a trip timecharter for two voyages, with an option for a third. In accordance with the recap the option was to be declared by the charterers on completion of loading on the

Q&A with Mark Brattman

The first in a regular series, we get to know ITIC’s claims handlers. In this interview, ITIC’s Legal Advisor and the new Editor of the Claims Review, Mark Brattman, outlines the most memorable claim

Claims from Third Parties

Commercial partners, customers or even members of the public might consider bringing a claim against an individual person rather than the company. A marine and transport consultancy contracted to

Press Release: December 2013 - ITIC says broker follow-up is vital in fluctuating markets

ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets. In its latest Claims Review,

Insurance - who needs it?

Historically, offshore and hydrographic professionals have chosen not to purchase professional indemnity insurance, unless requested by the contract. The view being that they have been working for

ITIC Circular: Hanjin Shipping Co. Ltd: Rehabilitation Proceedings in Korea

Hanjin Shipping Co. Ltd (Hanjin) applied for court rehabilitation in Korea on 31 August 2016. The Seoul District Court (Bankruptcy Division 6) issued a decision accepting the application and

Pass it ALL on

Shipbrokers arranged a sub-charter. As is usual the main terms of the sub-charter were fixed with the details “otherwise as per as the head charterparty”. The head charter had been sent to the