1837 results:

Berthing pain

Berthing pain

An agent was appointed by owners to manage loading operations at three ports. However, at one of the ports, the stevedores were on strike causing delay to the ship. Owners consulted with the agent

Costly missed message

Costly missed message

A shipbroker acted on a fixture in which main terms were agreed. After the owners confirmed the recap they said to the broker that a certificate for the ship would be issued soon but that for

An Inspector doesn’t call

An Inspector doesn’t call

A manager took on the management of a bulk carrier which had been purchased by the owner six months earlier on an “unseen as is basis”. It was managed by another third party manager until the ship

Liabilities of ship owners attaching to agents

In many countries ship agents, and, in some cases ship managers, can find themselves involved in claims as a result of their joint and several liability with their principal, be that the ship owner

TRADE PROHIBITIONS WITH U.S. EMBARGOED COUNTRIES

There have recently been a number of situations reported to the Club where the Member has encountered difficulties due to trade embargoes. The last “Claims Review“ reported a claim where a commercial

Intermediary News

We would like to draw attention to some problems reported by Members. Bogus crews for phantom ships In 1988 the Club issued a circular notifying Member in the European Community of several

Maintaining business continuity and managing risk during the COVID-19 outbreak

Maintaining business continuity and managing risk during the COVID-19 outbreak

In response to the COVID-19 outbreak all staff who work at ITIC are now working from home, to minimise the potential impact on our employees and business operations, in accordance with

Event: Steadfast Australia 2015

Event: Steadfast Australia 2015

ITIC are exhibiting at Steadfast from 18th - 21st April.  Steadfast is an event for insurance brokers, held in Australia, where ITIC will host a stand in conjunction with the TT Club. Come

Agents and conflicting interests

Most ship agents are aware of the conflict of interest which may exist if they represent two principals engaged in the same trade. Indeed the FONASBA Standard Liner Agency Agreement contains a

Event: Steadfast Australia 2017

Event: Steadfast Australia 2017

ITIC are exhibiting at Steadfast from 1st - 4th April 2017. The 19th Steadfast Convention is an event for insurance brokers, which is being held at the International Convention Centre