1837 results:

ITIC circular: Aviation Rule Book

ITIC is pleased to announce the release of specific policy wording for the aviation sector, the ITIC Aviation Rules 2024. This is a significant milestone in the development of ITIC’s cover for

Brokers required to sign formal undertakings as anti-corruption legislation bites

International Transport Intermediaries Club (ITIC) says that shipbrokers are being required to sign formal agreements with their principals in the light of a worldwide trend towards stricter

Crossing the line

A marine surveyor was appointed by the owners of a ship that had been involved in a major casualty which had involved significant loss of life. There were potential criminal charges arising out of

Press Release: October 2015 - Underwriters fall out with expert witness over valuation of fire-damaged vessel

International Transport Intermediaries Club (ITIC) has reported a case in which hull & machinery insurance underwriters instituted proceedings against a marine consultancy firm for alleged

Remit regarding a refit

Remit regarding a refit

A yacht manager was contracted to provide crew management and ISM consultancy for a superyacht. Although the manager was not contracted to provide technical management, the owner sought their advice

Expert failings

A fire had caused substantial damage to the insured vessel. Owners claimed the ship was a Constructive Total Loss (“CTL”) alleging the cost of repairing her was in excess of her insured value. The

Malfunctioning motor

Malfunctioning motor

A naval architect was asked by their customer, a shipyard, to design a yacht on the basis of existing templates with the addition of some new parts. The scope of work included marine engineering.

Ask the Editor

In the last Claims Review we offered you the opportunity to “Ask the Editor”. Here are a some of the questions that we have been asked. Please continue to send in your questions – we are enjoying

Contract check list for offshore and hydrographic consultants

Whenever you are appointed by a client, you must make sure that the terms of your appointment are recorded in your contract. It is usual for such a contract to be in various parts. For example, you

Underwriters fall out with expert witness over valuation of fire-damaged vessel

ITIC has reported a case in which hull and machinery insurance underwriters commenced proceedings against a marine consultancy firm for alleged negligence in failing to properly review shipyard