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A sale and purchase broker acted for a shipyard in connection with the construction and purchase of three multi-purpose ships.  Under the terms of a separate commission agreement, the shipyard

Always obtain the original b/l An Irish liner agent delivered a container of woodpulp against an original bill of lading which had been mailed to him.  The bill of lading was consigned "to

Norwegian ship brokers via a London broker, commenced negotiations for the sale of a tanker to a Greek buyer.  Discussions continued for several months until the shipowner went bankrupt and the

A firm of cargo superintendents sampled a shipment of wheat bound for France.  The samples were sent to a laboratory for testing for various specifications, which included moisture, protein and

A sale and purchase broker had acted for the Scandinavian sellers of a small cruise ship. An Australian company had signed a Memorandum of Agreement but had failed to pay the deposit or take any

A surveyor carried out a pre-purchase survey and sea trial on a yacht in the Indian Ocean, and a joint survey to confirm the condition of the vessel prior to handover to the new owner in the

The principal of a ship manager had taken delivery of a number of new buildings. Some of the ships were subject to a “sale and charter back” agreement. The principal had indicated he would consider

Loss of commission insurance is as essential for shipbrokers as business interruption and loss of profits insurances are to other businesses. The loss caused by, for example, the sinking of a vessel

Shippers of a cargo of wheat instructed a marine surveyor to survey and certify the holds of a bulk carrier as fit for loading. The surveyor issued a certificate of fitness to load and 70,000MT of

A survey of London solicitors by ITIC shows the high cost of litigation. A simple claim for commission in the English Courts will cost over GBP 175,000. ITIC gave a panel of London solicitors – all