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A vessel was purchased and secured at a dock by the new owner. Whilst there it was described as an “eye sore” and was in danger of sinking, leaking pollutants and/or colliding with moving vessels. It

At a discharge port in Europe, members acted as agents for a carrier carrying a container of branded clothing shipped from Asia. Half of the cargo was to be released against original bills of lading,

A vessel reported she was under attack from pirates off the coast of Aden. The pirates’ presence allegedly resulted in a fire breaking out on board the vessel and the crew abandoning

BIMCO’s attention has been drawn to the fact that some shipowners do not name third party ship managers as co-assured on their hull and machinery policies. This is a highly dangerous practice that

Carlos Pérez, Socio de Pérez Albors & Co, analiza la incidencia que la muy esperada promulgación de la nueva Ley de Navegación Marítima española cabe prever que tenga sobre las obligaciones de

Loss of management fee covers the non payment of management fees as a result of the termination of a ship management contract through actual or constructive total loss of the ship under

ITIC are hosting a seminar and cocktail reception in Tokyo on Thursday 21st March for all members and brokers. This event coincides with the ITIC Board meeting in Tokyo. During the seminar the

The Board of ITIC meets three times a year, in March, July and September. The meeting in July is always held in London as the main item is the signing off of the accounts as the financial year of

Welcome to this edition of ITIC’s The Wire which has been produced exclusively for insurance brokers during ITIC’s centenary year. It includes a selection of articles: an update on the continuity

A marine chemist carried out routine testing of a cargo of methanol when a vessel docked for discharge. This routine procedure involved drawing samples from each of the tanks. From each of these