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The port agent generally has to put up a customs bond to allow a vessel to call at a US port. A small bulk carrier sailed from Haiti bound for Florida and entered the port of Tampa under the auspices

A vessel loaded a cargo of bulk wheat in the UK. The shippers were a large trading company. The trading company were obliged to issue a financial bond with the rural payments agency, which in the

Every year ITIC deals with claims that result from errors by agents dealing with transhipment cargo. The following two claims are typical examples of the things that can go wrong. In one case no

A South American port agent acted for a ship that discharged a bulk cargo at his port. There was a cargo shortage in an amount that exceeded the customs allowance, which meant that there would be

We keep being asked to sign Non-Disclosure Agreements (NDA) by clients and potential clients. If we sign these do we prejudice our insurance cover? Many thanks for this interesting question. As

Following the conclusion of two voyages, the owners sent two claims (heating and demurrage) to the brokers within the contractual time bar, with instructions for the broker to send

I have recently had a claim intimated against my company. What do I need to do in respect of getting you information? Thank you for your query. For many members, especially those who have never had

It is time for ship agents to examine the rubber stamps they use when signing bills of lading and consider destroying some of them. Ship agents are sometimes sued in addition to (or instead of) their

ITIC insures an ever increasing number of naval architects. The challenges and claims encountered by naval architects are extremely varied, but the following article illustrates three of the common

Press stories of attacks by hackers are increasingly common but the reported victims are often well-known companies that hold large amounts of credit card and other sensitive personal data. Although