1175 results:

Webinar: Arresting developments II

Webinar: Arresting developments II

ITIC, in association with Ang & Partners, John G. Hadjis & Partners and Shepstone & Wylie, are delighted to invite you to the webinar 'Arresting developments II - Debt recovery: Do you

Ship Management International column - Inventory of Hazardous Materials (IHM) non-compliance is a hazard to be avoided

Ship Management International column - Inventory of Hazardous Materials (IHM) non-compliance is a hazard to be avoided

Climate change and damage to the environment is at the top of the agenda for nation states, corporations and financial institutions when forming policy decisions. The EU has focused on shipping to

ITIC circular: EU impose further sanctions on Russia

ITIC circular: EU impose further sanctions on Russia

The following circular has been produced by the UK P&I Club in regards to the latest sanctions imposed by the EU on Russia: QUOTE On 15 March 2022 the EU adopted a fourth package of sanctions in

Webinar: SHOW ME THE MONEY! A case study on how to get paid your commission and disbursements

Webinar: SHOW ME THE MONEY! A case study on how to get paid your commission and disbursements

ITIC is delighted to invite you to a webinar on Wednesday, 5th February at 10.00 (London time) entitled "SHOW ME THE MONEY! A case study on how to get paid your commission and disbursements." It will

Press release: Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute

Press release: Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute

An arbitration dispute highlighted in the latest Claims Review by International Transport Intermediaries Club (ITIC) has concluded with a shipbroker settling a $380,000 claim. Accused of breach of

10 Hints On Avoiding Bad Debt

1. ESTABLISH THE IDENTITY OF YOUR CLIENT BEFORE YOU ACT Ship agents: Have you been appointed by the charterer to be the owner’s agent? Is your principal a well known ship manager, or the manager

Sale & Purchase Commission Dispute

Two shipbrokers were involved in a sale and purchase of two ships, one acting for the buyer, the other for the seller. The commission agreed on delivery of each ship was to be USD 250,000 per broker,

Recovery of unpaid commissions

Chartering brokers requested the assistance of the Club to recover commissions of US$ 21,788 in respect of the fixture of several vessels over a period of more than a year.  The Club's demands

Incorrect description of ship's fuel requirements

A broker for the time charterer fixed a ship on the NYPE form for one time charter trip from Rio de Janeiro to the Arabian Gulf/ Pakistan/ India/ Indonesia  range. During fixture negotiations

Recovery of broker's commission under COA

A shipbroker Member asked the Club for assistance to recover approximately US$ 250,000 commission owed under a contract of affreightment.  The owner was reported to be experiencing financial