1175 results:

ITIC circular: Aviation Rule Book

ITIC is pleased to announce the release of specific policy wording for the aviation sector, the ITIC Aviation Rules 2024. This is a significant milestone in the development of ITIC’s cover for

MARITIME LIENS

There is a common misconception among ship agents that all disbursements incurred by a ship owner or a time charterer constitute a maritime lien which is automatically enforceable against the ship

Alternative dispute resolution

Alternative Dispute Resolution (ADR) has for many years been a feature of the litigation process in a number of jurisdictions around the world such as Australia and the United States. As a result of

Designated Person - Insurance or not?

This article is primarily concerned with a Designated Person within a ship manager’s office as it is their concerns that need to be addressed. The real question is not so much one of whether the

Guidelines on incorporating Standard Trading Conditions (STC's)

Standard Terms and Conditions (Terms) are usually drafted to deal with the mundane matters that govern all contractual relationships, whereas the actual work to be performed will usually be

ITIC Circular: Hanjin Shipping Co. Ltd: Rehabilitation Proceedings in Korea

Hanjin Shipping Co. Ltd (Hanjin) applied for court rehabilitation in Korea on 31 August 2016. The Seoul District Court (Bankruptcy Division 6) issued a decision accepting the application and

ITIC at Lloyd's

ITIC at Lloyd's

Commencing Monday 26th September, ITIC underwriters are available on a Monday and Wednesday morning in Lloyd's: Lloyd’s BuildingRegus OfficeGallery 412 Leadenhall StreetLondon, EC3V 1LP The

Press release: ITIC successfully obtains payment of overdue commission fees for S&P shipbroker

Press release: ITIC successfully obtains payment of overdue commission fees for S&P shipbroker

ITIC obtained overdue payment of a shipbroker member’s commission which the seller had refused to pay despite the successful completion of the sale and purchase of a ship. The shipbroker had acted

Performance problems

Operators of a passenger and ro-ro ferry service appointed a naval architect to design a 45m landing craft ferry. The design was to be based on that of an existing vessel operated by the

Timing can be everything

A recent case in which ITIC supported a ship agent Member in pursuing a claim in the New Zealand High Court shows that timing can be everything when it comes to pursuing a claim against a ship owned