Search

A ship agent took delivery of a cargo which was stored in a temporary storage warehouse at the port. The ship agent was meant to transfer and declare the cargo as “bonded”. However, they failed to do

A ship agent in the US failed to issue a Notice of Readiness (NOR) to the terminal in time, resulting in a delay of just under five days. The total amount the agent’s principal was out of pocket was

A tanker was fixed for a voyage. The voyage included an option to call at an additional war risk premium (AWRP) area. As per the terms of the charter party the charterer was liable to pay the AWRP if

A ship agent based in Europe was asked to arrange emergency supplies (food, blankets, medical items) for a Navy ship. The goods were to be collected in Cyprus and the ship agent liaised with a local

In July 2006 the Federation of National Associations of Shipbrokers and Agents (FONASBA) conferred “Standard Document” status on an ISPS clause, drafted with the assistance of, and approved by, ITIC.

The role of the intermediary is often blurred, especially in these times of increased commercial pressures, and “whose agent am I?“ is a question often asked by ITIC’s Members. Furthermore, the

The Club offers cover to ship brokers and ship managers against loss of their commission or management fee as a result of a marine peril. Most companies, whether marine or non-marine, have some form

The Club is often asked about the threat of a counter-action against the Member for wrongful arrest.  In most countries, including the United States and England, a ship can be arrested with

ITIC has recovered US$ 50 million on behalf of its Members who have debt collection insurance. ITIC offers its Members, under Rule 10, an optional cover to assist with the recovery of outstanding

The last two editions of The Intermediary have contained articles on this subject, and  Members should be aware that the problem continues.  The past year has seen ITIC ship agent Members