483 results:

Clause for concern

Clause for concern

… the ship did not require cleaning but had already lost ten days in ballast to reposition to a port where the hull cleaning could have been performed if the ship had indeed required it. The charterers…

Shipbroker leaves message for another day

… broker was told by charterers that in the future they may wish to sell a cargo for discharge at a port that was not mentioned in the COA. The charterers had indicated that this would be at a slower discharge…

Superyacht wire introduction

… they often seek to blame their broker for misrepresenting the deal. Yacht agent’s negligence - if the port services for the yacht are not arranged in a timely manner, the charter can be delayed. The owner may…

Introduction - superyacht wire 2023

Introduction - superyacht wire 2023

… they often seek to blame their broker for misrepresenting the deal. Yacht agent’s negligence - if the port services for the yacht are not arranged in a timely manner, the charter can be delayed. The owner may…

Continuity credit

Continuity credit

… renewal. 2. Premium paid for additional insurances, such as Directors' and Officers', unanticipated port disbursements, loss of commission and cash in transit or money insurance is not included in the…

Lifeboat overboard...

Lifeboat overboard...

… at 07.00 one morning. It had evidently fallen overboard during the preceding night. The Master reported the lifeboat as missing and it was eventually found drifting off the port of Naze in Japan.

Debt collection service – some practical guidance

… Club needs the commission invoice as well as a copy of the charterparty. In all cases, it is also important to supply copies of any correspondence with the debtor, particularly any communication where the debt…

Forged bills of lading

… oil, worth USD 270,000, was arranged by a ship agent member of ITIC. The containers were to be transported from India to Antwerp. Unfortunately, the Belgian agent released the cargo to the consignee against a…

Non-performance of charterparty

… to inform owners that they would not be held responsible for the ship's delayed arrival at loading port. The following day, owners' brokers advised that owners would not proceed with the charterparty,…

Arrest: not always a quick remedy

… In one such case ITIC arrested a vessel in France in order to recover a ship agent’s outstanding port disbursements. The ship owner eventually managed to provide security to release the vessel, rather than…