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It was always a fundamental assumption that only one set of bills of lading for each cargo should be in circulation.  However, this concept pre-dates the advent of Non-Vessel Owning Carriers

Sanction relief is subject to “snap back” provisions in the JCPOA.  This essentially means that if Iran fails to comply with its continuing obligations under the JCPOA the sanctions can be

A classification society classed a ship from the time she was built until the end of 2015 when the ship switched to a new classification society. Four years later, the new classification society

ITIC Rules have provided a consistent policy wording that is well known to members and their insurance brokers. The 2021 edition of the Rules does not represent a significant departure from the cover

A ship owner demanded that a ship agent in West Africa sign a Letter of Indemnity in his favour before the ship arrived at the port. The Letter of Indemnity was, according to the ship owner, a

Not all errors lead to a financial loss although the broker may lose the principal’s business. A recent “near miss” involved a broker fixing the time charter of a bulk carrier. The owner specified

A liner agent booked a reconditioned soft drink bottling plant packed in 16 containers from Rotterdam to India.  The plant had been carefully dismantled, overhauled, and each component packed in

As part of ITIC’s centenary celebrations, a new initiative has been launched: a year-long apprenticeship in collaboration with the London Nautical School. This programme provides one student with the

A practical guide for the non-insurance specialist 27 - 29th September 2011 Thomas Miller are holding its annual Insight into Transport Law and Insurance course, both for executives new to the