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A yacht broker acted for potential buyers in negotiations for the purchase of a superyacht. An MOA was entered into, where the yacht broker agreed to act as stakeholders for the buyers’ deposit of

A yacht manager arranged on behalf of the owner to store a helicopter ashore whilst not in use. During a routine inspection by customs, it was found the helicopter had stayed in the country for more

A film production company chartered a yacht for a one-day photo shoot. The charterer needed to land a helicopter on the yacht as part of the filming requirements. Unfortunately, the yacht’s

Bank mandate fraud is when a third party tricks you into sending a payment to a bogus account by impersonating the genuine organisation or individual. This is also known as “social engineering” and

There are cyber security firms who can provide you with a cyber risk assessment. They can look for vulnerabilities in your system through physical attacks, i.e. can a stranger walk in off the street

The dangers of assumption A large construction firm was undertaking building works on an island. In order to construct part of the project, a large crane was needed to be shipped by barge from the

The Maltese-flagged oil tanker ERIKA broke apart off the west coast of France and severely polluted the French coastline in December 1999. Alongside others, the French State sued

ITIC, in collaboration with the Hellenic Shipbrokers Association, invites you to a risk management seminar, for shipbrokers, entitled 'avoid negligence: tips for a smooth day at the office!' This

Maria joined ITIC in June 2024 as a Trainee Account Executive, following an internship with the company in 2022. She holds a Master’s in Maritime Safety and Security Management from City, University