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In the aftermath of the financial crisis of 2008 brokers providing valuations included additional wording in their certificates reflecting the state of the market. These generally pointed out 

Our Ref: 93/6/1 June 1993 To: Ship Broker Members Dear Sirs, In recent months the Managers have become concerned about the increasing number of claims on brokers arising from the submission

A shipbroker fixed a time charter trip in the Far East. There was a term in the charterparty that there could be “no crew change on the laden voyage”. However, during the laden voyage the owners sent

To see the article as it appears in Ship Management International please click here (page 54). It is a condition of ITIC’s insurance for ship managers that they are named as a joint assured on all

A fixture was being negotiated for a March loading. All the correspondence referred to the shipment taking place in March. However, once the main terms had been agreed, the broker sent a

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

One of the duties undertaken by ship managers is to arrange insurances. Shipman 98 provides that this shall be “on such terms and conditions as the owners shall have instructed or agreed, in

A firm of marine engineers regularly acted as experts in court proceedings. They had been approached by solicitors to assist in a potential claim relating to the engines of a pleasure craft. 

An error by a chartering broker during charterparty negotations resulted in a large claim.  A chemical tanker was fixed to load a part cargo at a designated berth in a terminal which could only

Against the background of shortage of suitably qualified crew, it is increasingly difficult for ship and crew managers to locate crew who have the necessary certificates to both confirm their