1837 results:

Failure to obtain a receipt for equipment delivery

A ship agency office in the Far East reported a case regarding their local office’s failure to obtain evidence of delivering a consignment of goods to a vessel. The case involved a delivery of six

Fraud alert

Fraud alert

For a number of years one of ITIC’s members had acted as a charterer’s broker for a steel trading company. They were asked to find a ship to lift a cargo of steel coils and circulated the requirement

Incorrect description of ship's fuel requirements

A broker for the time charterer fixed a ship on the NYPE form for one time charter trip from Rio de Janeiro to the Arabian Gulf/ Pakistan/ India/ Indonesia  range. During fixture negotiations

Recovery of broker's commission under COA

A shipbroker Member asked the Club for assistance to recover approximately US$ 250,000 commission owed under a contract of affreightment.  The owner was reported to be experiencing financial

Inebriated stevedores taken on cruise

The American agent for a cruise ship was on the receiving end of a legal suit from two stevedores.  In the course of loading baggage on the ship, the stevedores had met a friend in the ship's

RULE 6 - Indemnity

Is it counter-signed by a first class bank? A shipowner sought to recover from his agent who had released cargo against indemnities countersigned by the failed BCCI bank.  The agent had

Misrepresentation of charterers

A London ship broker acting for a Turkish charterer, arranged a fixture, through an intermediate broker in Denmark, of a ship to load bagged urea at Istanbul.  The charterer provided

Out of date letter of guarantee

A cargo of ethyl alcohol was discharged from a ship at Hamburg in damaged condition. The cargo insurers paid the claim for damage, and obtained a letter of guarantee from the ship owner’s

Fraud by NVOC

A ship agent in the Middle East released 31 containers against receipt of NVOC bills of lading after receiving a telex from the loadport agent informing him that freight had been collected and the

Freight paid to wrong party

For a number of months a ship broker made hire payments under a time charter directly to the owner, although the broker had previously dealt with the ship's manager. When the broker received an