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Event: Know Your Client panel debate

Event: Know Your Client panel debate

ITIC, in association with the Institute of Chartered Shipbrokers’ London & SE branch, is hosting a panel debate on the topic of ‘Know Your Client (KYC)’ during Maritime UK week. Title: Keep

Dire straits

Dire straits

A commercial manager recently submitted a claim to ITIC after a routing oversight led to a significant financial loss on a coal voyage from Australia to Brazil. The chartering manager fixed a voyage

Mikaela Koni

 Mikaela Koni

Mikaela Koni Mikaela joined ITIC as a legal advisor and senior claims executive in October 2023. She qualified as an advocate and became a Member of the Cyprus Bar Association in 2019 and after

Letter of guarantee

P&I Club Letter of Guarantee International Group Wording Ship:  M.V. “......................” Incident: Date: In consideration of your releasing from arrest and/or refraining from

Press Release: December 2014 - ITIC says careless errors result in claims against ship agents

Careless errors by ship agents are resulting in costly claims, according to ITIC. In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two

Press Release: March 2014 - ITIC says hold-harmless clauses may not be so harmless

ITIC has warned that the so-called ‘hold harmless’ clauses in many of the contracts entered into by its members may contain pitfalls which could prejudice their rights. A mutual hold-harmless

Press Release: ITIC reimburses broker accused by owner of breach of authority

International Transport Intermediaries Club (ITIC) recently represented a shipbroker accused by an owner of breach of warranty of authority in a dispute arising under a non-performing contract of

Ship Management International column November/December 2017 - Beware changes to contracts in German jurisdiction

To see the article as it appears in Ship Management International, please click here.(page 20) The global economic downturn which began in 2008 and which continues to have a significant effect on

RULE 5 - Indemnity

Has the cargo owner authorised release in writing? A Turkish liner agent was requested by the receiver of 12 containers of frozen meat shipped from Denmark to deliver them without original bills of

Who is the agent's principal?

An English port agent was nominated by a charterer with whom they did significant amounts of business. The agent was instructed by the charterer to release a steel cargo without production of the