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Introduction Directors & Officers insurance (D&O) is a personal insurance purchased by the employer for the benefit of its directors and officers. ITIC’s D&O product protects both

Outstanding fees, commissions and other charges are not at all uncommon in most businesses, but in shipping there can be significant problems in pursuing such claims when they are against companies

ITIC is often involved in disputes between a Member and his principal or some other party. It is also common for Members to become involved in efforts to resolve disputes between their principals and

Commercial partners, customers or even members of the public might consider bringing a claim against an individual person rather than the company. A marine and transport consultancy contracted to

A firm of naval architects were instructed to design a vessel to be used for a new ferry service. When completed, the owners alleged that the vessel suffered from structural inadequacies, which

Ship agents and brokers must interface on a daily basis with shipowners and operators. As such, they must have a working knowledge of the laws that govern the rights and liabilities of carriers and

When an owner or charterer defaults on his obligations there is an understandable desire for instant decisive action in the form of arresting a ship.  This is often, but not always, a prudent

The current market conditions have led to a number of charterparties being renegotiated. The new business that emerges may simply be at a different hire rate or for a different period. Another common

A naval architect entered into an agreement in 2007 to design a jetboat. The company that built the boat did not have any insurance, although the naval architect was not aware of this

A recent case in the Australian Federal Court (Marine & Civil Construction Company Pty Ltd v SGS Australia Pty Ltd) serves as a reminder of the importance in ensuring that surveyors and