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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

Thaw end of the deal

A liner agent accepted a booking of two reefer containers of frozen fish for shipment to China. Instructions were received to ship the cargo at a temperature of minus 20. Unfortunately, when the

ITIC circular: Sanctions against Russia - The upcoming oil price caps on 5 December 2022

ITIC circular: Sanctions against Russia - The upcoming oil price caps on 5 December 2022

Date: 2nd December 2022  EU On 6 October 2022, the EU further amended its Russian sanctions legislation to pave the way for its coming price cap on Russian oil and petroleum products. The most

Delivery of container to wrong party

In November 2000, a liner agent accepted a booking of equipment for transportation from Europe to America. The cargo was in a single 40ft container. The booking was made by a freight forwarder. The

Press release: ITIC warns ship managers of the dangers of management mistakes

Press release: ITIC warns ship managers of the dangers of management mistakes

International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation

Inebriated stevedores taken on cruise

The American agent for a cruise ship was on the receiving end of a legal suit from two stevedores.  In the course of loading baggage on the ship, the stevedores had met a friend in the ship's

Press release: ITIC reveals pitfalls in maritime dealings: Neglecting information transfer leads to US$ 60,000 AWRP dispute

Press release: ITIC reveals pitfalls in maritime dealings: Neglecting information transfer leads to US$ 60,000 AWRP dispute

In its latest Claims Review, International Transport Intermediaries Club (ITIC) shed light on a case where a failure in information transfer sparked a dispute over the payment of an Additional War

GETTING THERE IN THE END

Where there is no obvious asset, such as a ship or bunkers, then other methods need to be considered.  A ship agent was owed US$75,000 by a Greek ship management company which had no obvious

Press release: ITIC suggests EU ETS will cost the shipping industry billions

Press release: ITIC suggests EU ETS will cost the shipping industry billions

International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Union’s (EU's) new Emissions Trading Scheme (ETS) to the shipping industry could be in the

Technical manager caught by “smoking gun”

The technical manager of a tanker which he had managed for three years, found himself on the receiving end of a claim from the owner for US$ 1,400,000.  Multiple claims were made, mostly without