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A shipbroker fixed a ship on time charter from owners to charterers and then a voyage charter from the time charters to voyager charterers. The voyage charterers narrowed laycan to 12th July - 22nd

A survey of London solicitors by ITIC shows the high cost of litigation. A simple claim for commission in the English Courts will cost over GBP 175,000. ITIC gave a panel of London solicitors – all

A ship broker had entered into an exclusive commission agreement with a ship owner, which provided for commission of 5% to be paid to the broker on the sale of any of their fleet of vessels even if

Ship brokers arranged a voyage charter between Rotterdam and the Far East. The charterparty was subject to English law, based on the Asbatankvoy form, and provided that the brokers would receive

Sale and purchase brokers concluded an MOA. Shortly afterwards a mooring line was caught in the ship’s propeller and the ship could not make the laycan in the MOA. The ship was dry docked for

Ship brokers were owed commission by the owners of a ship which regularly called at Cape Town. The owners had ignored requests for payment from both the brokers and ITIC. A lawyer in South Africa was

A shipbroker was asked to assist a buyer to place a bid in a judicial auction. Before proceeding the shipbroker was asked what their fee would be. The shipbroker said “typically our fee is 1% of the

ITIC Insight is the brand new podcast series where we will be discussing the important issues and challenges facing transport and insurance professionals across the world, whilst offering loss

A ship had been fixed by a shipbroker, who then received notice from the charterer to cancel the fixture due to the closure of Ukrainian ports as a result of the Russian conflict. The charterparty

A shipbroker fixed a ship between owners and charterers which was due to load grain from Ukraine. Shortly thereafter they received notice from the charterers to cancel the fixture as the Ukrainian