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Press release: Broker error leads to $45,000 settlement in ship despatch dispute as ITIC highlights need for clearer communication between brokers and owners

The need for clear lines of communication between shipbrokers and owners has been highlighted by International Transport Intermediaries Club (ITIC) after a broker error regarding despatch terms led

ITIC IN THE NEWS: Secondhand Woes - article by Andrew Jamieson in latest edition of The Baltic magazine

… out of and in connection with our holding of the…

Marine professionals – limitation of liability

… arising under or in connection with this Agreement…

Sub Agency Agreements

… sub-agent may incur in connection with the fulfilment of…

Press release: ITIC warns ship managers of the dangers of management mistakes

International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation

FAQs relating to OW Bunkers

Source: UK Defence Club OW Bunker A/S the global marine fuel company filed for bankruptcy on the 7th November 2014 and reported two senior employees for fraud. The company had operations in 29

Agents and conflicting interests

Most ship agents are aware of the conflict of interest which may exist if they represent two principals engaged in the same trade. Indeed the FONASBA Standard Liner Agency Agreement contains a

ITIC's Terms and Conditions for Shipbrokers - English Law and Jurisdiction

… Fixture that arises in connection with those Services…

Marine & Civil v SGS

A recent case in the Australian Federal Court (Marine & Civil Construction Company Pty Ltd v SGS Australia Pty Ltd) serves as a reminder of the importance in ensuring that surveyors and

The role of the P&I correspondent

ITIC insures the professional liabilities of many of the world's leading P&I Club correspondents and this article examines the role of correspondents as well as their potential exposure to

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