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…ITIC issued a circular to Members in 2014 in relation to the fraudulent diversion of port expenses. Unfortunately ITIC is seeing evidence of similar frauds being perpetrated across the wider marine industry and advises…

… 12m in diameter. The buoy was ultimately to be used by ships loading iron sands at a remote port. Prior to being deployed for use, the buoy was placed on a temporary mooring within a harbour. During a…

… been described as being in loose/bulk condition. After the ship had loaded about 950 metric tonnes, port state control came aboard and stopped any further loading, as it was established the ship did not have…

… parties, and cargo? When considering a ship appointment, especially with a new principal, it is important to gather information beyond the standard checklist. This not only includes the principal and the…

… We have had some success in seizing bank accounts. NO ADVANCE FUNDS? SHIP READY TO SAIL? Notify the port authority or tug company that you have not been placed in funds and will not be able to pay them. DO…

…2026 is an important year for ship managers because the first FuelEU Maritime reporting cycle enters its verification and compliance phase, significantly increasing the risk of liability exposure. 

… that all ships were adequately insured.   The ship subsequently grounded whilst entering a port in India.  The owners commenced arbitration proceedings against the charterers for directing the…

… that he would make a profit of US$ 2.75mt. The cargo owner then asked to change the discharge port which would reduce the voyage distance and asked what the discount in freight would be. Shipowner number…

… customer this will be the bill of lading. The services provided by NVOCs are an established and important part of international trade.  There are no problems automatically raised by the issuance of both…

…Guidelines for port agents From time to time ship agents become involved in cases where a casualty has resulted in a General Average act. The agent may be called upon to collect security and a well organized collection…