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… UAE in 2013. The insurers’ claim was against the managers and five other defendants, including the port agent, the inspecting chemist and various companies that had been repairing the ship. The claim was for…

… INSURANCE Ship owners often require their agents to deliver large amounts of cash to ships in port. The risks are obvious. A ship agent will need insurance to cover cash when it is in his care…

… from a ship owner that he doesn’t know, asking him to take care of a call of his ship in the ship agent’s port for a crew change. This is how the industry works; you don’t necessarily deal with people you know. So…

…The number of indemnity claims reported during the 2017 policy year (1st June 2017 to 31st May 2018) is lower than in the previous year. This is the third consecutive reduction in the number of matters reported. The…

… A handysize bulk carrier of 10,000 net tonnes could incur a fee of US$50 per net tonne per U.S. port call, capped at five charges per year, potentially amounting to US$2.5 million annually. Liability…

…International Transport Intermediaries Club (ITIC) has confirmed that a ship management company has been fined over a quarter of a million dollars in connection with a breach of clean air regulations in the United…

… to have cleared the Louis Group, which owned and operated the ship, and the vessel’s master. The report into the accident, obtained exclusively by Lloyd’s List, has been unanimously signed by three…

… they are joining crew. In the past twelve months over twenty approaches to ship agents have been reported to ITIC. The Club has made warnings on this subject a regular feature of The Intermediary, and has…

… oil, began to break up in bad weather in the Bay of Biscay. Upon seeking refuge in a Spanish port, she was instead ordered by the Spanish authorities to be towed out to sea, where she…

…ITIC, the International Transport Intermediaries Club, is seeing an increasing number of ship agents becoming exposed to the fall-out from the bankruptcy of their principal.