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Shippers of a cargo of wheat instructed a marine surveyor to survey and certify the holds of a bulk carrier as fit for loading. The surveyor issued a certificate of fitness to load and 70,000MT of

…IC SAILING DAY - TRAFALGAR 200 In connection with the Trafalgar 200…

A charterparty stated that “charterers shall give owners approximate 20/15/10/7/5/3 days’ notice including intended re-delivery port, thereafter 2/1 day(s) definite notice…” Charterers duly sent the

To see the article as it appears in The Baltic, please click here. The article can be found on page 93: Charlotte Kirk of the International Transport Intermediaries Club (ITIC) looks at some recent

Welcome to this edition of ITIC’s electronic newsletter, The Wire, which focusses specifically on ship classification societies. A ship classification society is an organisation that, inter alia;

A naval architect was engaged by a customer to design a 24m catamaran to service the offshore oil and gas industry. During sea trials following construction of the vessel and after

An indication of how parties to shipping contracts can incur substantial losses in a fluctuating market, as a result of insufficient attention to contractual detail, is provided in the latest Claims

A demurrage claim for US$ 352,122 was passed onto the charterer by the broker within the 90 day charterparty time limit period. However, the charterer declined to pay the claim as they had not been

Introduction Directors & Officers insurance (D&O) is a personal insurance purchased by the employer for the benefit of its directors and officers. ITIC’s D&O product protects both

A mismatch in contract terms has led to a US$110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing