1837 results:

Things shipbrokers need to watch out for when arranging fixtures

Things shipbrokers need to watch out for when arranging fixtures

The M/T Unfortunate set out on a voyage that was littered with delays, setbacks and issues. Join ITIC’s Aysegul Wallis and Antonios Vyrgiotis for this webinar, to find out how a

Clause and effect

Clause and effect

A naval architect was contracted to design a small mooring system for a nearby marina. The project was completed and the mooring installed, but during a period of strong tidal flow, the mooring

ITIC Circular: FONASBA and BIMCO launch new Agency Appointment Agreement

FONASBA and BIMCO announce the launch of a new Agency Appointment Agreement document. The Agency Appointment Agreement provides an effective means of setting out the details of an agency

Thaw end of the deal

A liner agent accepted a booking of two reefer containers of frozen fish for shipment to China. Instructions were received to ship the cargo at a temperature of minus 20. Unfortunately, when the

Not plugged in

Three containers of pork were shipped from one European port to another. The containers were discharged from the ship, but the discharge port agent had overlooked the instructions to keep the

No Notice of claim

A demurrage claim for US$ 352,122 was passed onto the charterer by the broker within the 90 day charterparty time limit period. However, the charterer declined to pay the claim as they had not been

Ship Management International column - Insurance? What insurance?

Ship Management International column - Insurance? What insurance?

To err is human. If however, you arrange insurance as a manager for the owner the consequences of not taking great care are nasty and, usually, expensive.   BIMCO SHIPMAN 2009 provides that

Settle now or pay later

A bank appointed a surveyor member of ITIC to confirm the value of a vessel under construction and to certify that additional funds could be drawn down during the construction period. The bank

Appointing party and ship owners: company confusion

An English ship agent accepted a nomination for the agency of a ship from a company in St. Petersburg. The appointment message simply read “please advise D/A, restrictions and timetable in your port

Fraudulent use of agent’s stationary

Ship agents in Hamburg informed the Club in 1987 that they had been joined as joint defendants in court proceedings in Italy concerning unpaid customs duties.  Investigations revealed that an