483 results:

Container weighing

… of Life at Sea Convention (SOLAS) which will require that all containers loaded onto a ship for export have a verified gross mass (VGM).

Management mistakes

Management mistakes

… claims under various heads of damages including cost of repairs, loss of hire, cost of bunkers, and port and agency costs. The total claim was for US$ 9.5m. BIMCO Shipman contracts limited liability to US$…

Incorrect description of ship's fuel requirements

… ship required bunkers in Rio de Janeiro and Durban.  IFO 120 was available in the former port and the price difference was minimal.  However, in Durban the only fuel available which had the…

Persistence pays

… apparent that the ship on which the arrest order had been obtained was held up at the previous port and the arrest order could not be served. An arrest order was therefore obtained to arrest another of…

ITIC Guidelines for the Release of Cargoes

… attempt to obtain delivery. These parties often succeed due to the inattention and negligence of import clerks in ship agency offices. It is important that import clerks are properly trained and know where…

Claims commentary

Claims commentary

…The graph opposite shows the number of claims reported to ITIC in policy years 2004 to 2012. Indemnity files are those claims upon which ITIC may pay both a claim and the related legal fees. This cover represents…

Theft of loaded vehicles from road haulier's premises

…An Italian freight forwarder was instructed by shippers to transport a consignment of copper pipes from a factory in Brescia to the load port, La Spezia, for onward shipment to Algiers.  The forwarder instructed…

Beware of cyber fraud

… since 2015 warning of fraudulent messages altering bank details and the fraudulent diversion of port expenses, which can be seen here. Unfortunately ITIC is still seeing evidence of similar frauds being…

LOSS OF COMMISSION INSURANCE

… of an earthquake while another arose from the constructive total loss of a ship waiting outside a port and the third concerned a fire on a container ship that meant that one year’s commission out of a five…

Press release: ITIC and ICS to host a panel discussion on decarbonisation, future skills and challenges during LISW

Press release: ITIC and ICS to host a panel discussion on decarbonisation, future skills and challenges during LISW

…International Transport Intermediaries Club (ITIC) and the Institute of Chartered Shipbrokers' (ICS) London & SE Branch will host a panel discussion as part of London International Shipping Week (LISW).  The…