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ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets. In its latest Claims Review,

… acted for a shipyard in connection with the construction…

International Transport Intermediaries Club (ITIC) says a recently concluded claim brought against a newbuilding supervisor helps illustrate the level of diligence which might realistically be

International Transport Intermediaries Club (ITIC) says ship brokers and agents are among those most at risk of exposure to fraud in the shipping industry, and urges them to carry out simple checks

Demurrage claims routinely run into tens, and sometimes hundreds, of thousands of dollars. Demurrage should be a matter between the owners and the charterers but often ITIC has to pay substantial

International Transport Intermediaries Club (ITIC) has emphasised how avoidable errors can prove expensive for ship agents. In the latest issue of its Claims Review, ITIC recounts how a ship agent

… arising out of, or in connection with, this Indemnity…

To see the article as it appears in Ship Management International, please click here. Stuart Munro explains why ship managers should ensure that important information and recommendations about

The past 12 months have proved to be very hard for seafarers around the world. The lack of crew changes in a pandemic made for a very miserable existence, which has been well reported. Despite some

ITIC’s Maggie Hui Li advises brokers to not view time bars in isolation Time bars are a perennial problem for brokers and agents. It is very important to have a proper system in place to note what