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International Transport Intermediaries Club (ITIC) says delay in submitting - or failure to pass on - documentation is the most common cause of claims against tanker brokers. Moreover, the tightening

International Transport Intermediaries Club (ITIC) recently settled a dispute between a shipowner and its Turkish agent for losses arising from the refusal of Turkish port authorities to allow a

In May 2017, a circular was sent to all members and brokers explaining that ITIC would need to make arrangements in order to continue to trade in Europe after Britain’s exit from the EU. The ITIC

Shipbrokers, acting as charterers' brokers, fixed a ship with owners' brokers with laycan 18th/22nd September.  On 18th September the owners' brokers advised that the ship would be

A shipbroker Member in Italy, acting on behalf of a Swiss charterer, fixed a ship to carry a cargo of soya pellets from Argentina to Tunisia with arrival at the load port to be between 18 and 22

Liner agents frequently have to arrange for cargo to be released against bills of lading surrendered at the loadport – the so called “Telex Release”. This type of release is risky as no bill of

A shipbroker acted for both the owners and charterers in a fixture. Different shipbrokers within the company acted for each party. The parties concluded a fixture with laycan for 20th August. The

After the success of the last Forum in 2000, the Club is pleased to announce that it will be holding a second Forum on 28 and 29 September 2004. The purpose of the event is to discuss topics of

The Institute of Chartered Shipbrokers (ICS) has updated its standard trading conditions. The new 2002 version received the approval of the Institute’s Federation Council in September 2002 and will

The FONASBA Young Ship Agent or Broker Award 2015, sponsored by International Transport Intermediaries Club (ITIC), has been awarded to Renan Quieroz of Wilson Sons Ltda, Brazil. Aleksandra Obucina