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ITIC Circular: ITIC Rules 2017

At their meeting on 23rd March 2017, the Directors of ITIC approved the text of the 2017 ITIC Rules. In accordance with Rule 16.3 of the current 2012 Rules you are given notice of the changes to ITIC

Fraud by NVOC

A ship agent in the Middle East released 31 containers against receipt of NVOC bills of lading after receiving a telex from the loadport agent informing him that freight had been collected and the

„Telex Release“ geht schief

Schiffsagenten haben häufig die Übergabe von Ware gegen Vorlage von Konnossementen vorzunehmen, die im Ladehafen übergeben wurden – das sogenannte “Telex Release”. Diese Art der Übergabe ist riskant,

Berufshaftpflichtversicherung durch ITIC

Mit mehr als 80 Jahren Erfahrung als Anbieter von umfangreichem Versicherungsschutz zu kostengünstigen Prämien ist ITIC der Weltmarktführer als Versicherer für Dienstleister der

Event: Contracting out of problems - An ITIC workshop discussion on using contracts - Thursday 6th June 2013

ITIC is hosting another complimentary Contract Management Workshop for Members on Thursday 6th June 2013. The workshop will be interactive and will look at: the clauses you needthe

Press Release: ITIC pays out for pool manager’s acceptance of unacceptable tanker

International Transport Intermediaries Club (ITIC) has highlighted the costly consequences of a shipping pool manager’s failure to accurately describe a tanker, leading to a substantial claim by

Responsabilità del perito navale e condizioni generali di contratto

I caricatori di una partita di grano incaricarono un perito di esaminare le stive di una rinfusiera e certificarne la loro idoneità al carico. Il perito rilasciò un certificato di idoneità e furono

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

Oil Major Sister Vessel Arrest

A ship agent arranged for the towage of an oil major’s rig through the Suez Canal. The oil major considered the cost to be high and refused to pay for the service. Agents in the Suez Canal have a

Lack of stern line prevents discharge

A North African oil company sent a circular to its panel of brokers informing them that tankers discharging at a certain North African port required a stern line.  About ten days later a London