1175 results:

Responsabilità del Broker e perdita della provvigione

Un broker fissò una nave a time charter tra un armatore ed un noleggiatore e quindi un voyage charter tra il noleggiatore a tempo ed un altro noleggiatore. I noleggiatori a viaggio anticiparono

Be careful with escrow accounts

Although it is not yet a feature of large numbers of transactions, the practice of S&P brokers being asked to hold deposits on behalf of buyers and sellers is now sufficiently established to be

Ship agents count the cost of avoidable errors

International Transport Intermediaries Club (ITIC) has emphasised how avoidable errors can prove expensive for ship agents. In the latest issue of its Claims Review, ITIC recounts how a ship agent

Press Release: June 2016 - ITIC launches cyber liability insurance extension

International Transport Intermediaries Club (ITIC) has launched a cyber liability extension to ITIC policies to protect its existing professional indemnity members against the growing threat posed by

Press Release: ITIC helps limit naval architect’s exposure after survey vessel capsizes

In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following

Press Release: April 2016 - ITIC to pay continuity credit for 21st year in succession

For the 21st year in succession, International Transport Intermediaries Club (ITIC) is to pay a continuity credit to all those members who renew their insurance cover during the 2016 policy year,

Press Release: May 2016 - ITIC reports on costly transhipment errors by ship agents

International Transport Intermediaries Club (ITIC) says it continues to deal on a regular basis with claims resulting from errors by agents involving transhipment cargoes. In one case, an agent in

Press Release: September 2016 - Tanker brokers count cost of failure to pass on claims documentation

International Transport Intermediaries Club (ITIC) says delay in submitting - or failure to pass on - documentation is the most common cause of claims against tanker brokers. Moreover, the tightening

Press Release: October 2016 - ITIC warns that failure to follow lay-up procedure can be costly

International Transport Intermediaries Club (ITIC) has reported a case in which a lay-up manager was held liable for a $250,000 contribution to a claim for extensive damage to a vessel whilst in

Press Release: November 2016 - ITIC warning on the price to be paid for misreading tariffs

International Transport Intermediaries Club (ITIC) says the misreading of tariffs in shipping documentation is a common cause of costly claims. ITIC cites the case of a South American port agent