1175 results:

Surveyors sued for loss of evidence

A firm of surveyors was appointed by an insurance company to investigate the cause of a fire at a factory in America. The cause of the fire was alleged to be a faulty forklift truck. Following

Commission collection

A shipbroker acting for charterers was owed USD 25,000 of commission by an Indian voyage charterer. The charter party provided that the charterer would deduct the commission. ITIC wrote to the

Not a class act

The design of a small aluminium ship was undertaken by a naval architect, who was insured by ITIC. The owner advised that the ship was to be capable of achieving a specific commercial survey

Contaminated cargo

A marine chemist carried out routine testing of a cargo of methanol when a vessel docked for discharge. This routine procedure involved drawing samples from each of the tanks. From each of these

Failure to forward full information

A shipbroker received a request to find a suitable ship for a shipment of steel pipes. Shortly after negotiations had commenced the charterer called to inform the broker that there was an additional

Polite persistence pays off

A ship agency had persistent problems obtaining settlement of port disbursements from a recognised and important ship operator in Vietnam. They reported the problem under their ITIC, Rule 10,

Expert failings

A fire had caused substantial damage to the insured vessel. Owners claimed the ship was a Constructive Total Loss (“CTL”) alleging the cost of repairing her was in excess of her insured value. The

Design defects

A marine consultant was engaged to undertake the design, approval and tender process in respect of the construction of a double hulled bunker barge. The barge was intended to service the local market

Shipbroker’s commission saved from the waves

Shipbrokers specialising in the offshore market arranged the charter of a semi-submersible “flotel” (a type of accommodation unit). The contractual period comprised two separate periods in successive

Guaranteed commission

Ship brokers in Asia were due commission on the sale of a vessel for scrap. The buyers performance of the Memorandum of Agreement (MoA) was guaranteed by their Hong Kong based affiliate. The MoA was