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

ITIC has just concluded its oldest case. This involved a ship agent in Taiwan, who acted for the call of a tanker at Kaohsiung in 1982. Part of the ship’s cargo – 500 metric tonnes of Toluene Di-

[30 May 2024 – London] – The importance of in-depth and precise pre-management vessel inspections as part of a ship manager’s business risk strategy prior to taking on a vessel has been highlighted

A broker was engaged to arrange two connected transactions in forward freight agreements (FFAs): one was to buy the average of the Panamax indices for the second quarter of the year, and the other

Loss of management fee covers the non payment of management fees as a result of the termination of a ship management contract through actual or constructive total loss of the ship under

A ship agent was named as a second defendant by cargo interests in a claim for damage to significant quantities of imported aluminium. The ship agent had not been involved with the damage to the

ITIC has recommended a post fixture clause for brokers to place at the end of recap messages. The following wording was endorsed by FONASBA at its annual general meeting in Gothenburg in October

Ship agents in Australia were nominated by the charterers of a bulk carrier loading grain. Prior to loading, local regulations required that the vessel was inspected by a quarantine officer and it

With effect from the 1st July 2016 the IMO have put in place an amendment to the Safety of Life at Sea Convention (SOLAS) which will require that all containers loaded onto a ship for export have a

Ship agents can predict their financial exposure to the usual costs of a port call but there are occasions when unexpected developments mean the final disbursement account is far greater than could