1175 results:

What is my survey going to be used for?

Liability of a marine surveyor A marine surveyor received a telephone call from a marine insurance broker requesting the survey and valuation of a 17 year old yacht for insurance purposes. He was

Ship Management International column - Read all about it!

Ship Management International column - Read all about it!

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

Press release: Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

Press release: Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

A shipbroker's failure to identify conflicting laycan clauses in a voyage charterparty led to a complex dispute and a US$100,000 claim, which ITIC has reimbursed. The case highlighted in ITIC’s

Agent's liability for US customs duty

A US port agent received a notice from the US Customs Service of its intention to impose a fine on one of the agent's US tramp principals.  It was alleged that the principal had  failed to

Managers may face more claims in tightly regulated industry

The regulatory framework in shipping continues to be ever more complex. As a result, ITIC has seen an increase in claims from the owner against the ship manager. Although a manager must be named as

The Wire: focus on Germany

The Wire: focus on Germany

Welcome to the latest edition of ITIC’s The Wire, focusing on Germany. ITIC currently supports 160 German members, including many ship managers. ITIC has had a strong presence in the market for

Introduction

Introduction

Welcome to the latest edition of ITIC’s The Wire, focusing on Germany. ITIC currently supports 160 German members, including many ship managers. ITIC has had a strong presence in the market for

Event: Know Your Client panel debate

Event: Know Your Client panel debate

ITIC, in association with the Institute of Chartered Shipbrokers’ London & SE branch, is hosting a panel debate on the topic of ‘Know Your Client (KYC)’ during Maritime UK week. Title: Keep calm

Event: EU ETS - ship managers are you ready? Panel debate in Cyprus

Event: EU ETS - ship managers are you ready? Panel debate in Cyprus

The European Union Emission Trading Scheme has been in place since 1st January 2024. There is still a lot of uncertainty, which is concerning as the liabilities faced for non-compliance are

Regulatory demands

There has been a rise in the regulatory burden facing all those in the marine industry. This pattern is likely to continue. Often the practical task of ensuring compliance falls on the ship agent and