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The commercial manager of a tanker arranged a voyage charter. The fixture was recorded in a recap message and was based on the BP Voy 4 form of charterparty with a large number of amendments and

Since this is ITIC’s 25th year we asked our longer serving members of staff to recall some of the more unusual situations ITIC had dealt with over the last 25 years. The following are three of our

A commercial management agreement provided that the managers could not fix the ship for more than a specific number of days without approval. The managers failed to obtain express approval for a

Commercial managers arranged two consecutive voyages. At the conclusion of the first voyage the ship discharged at the outer limit of the port and immediately returned to the load port in order to

A charterparty was arranged by a ship broker which included a clause stating that “charterers to declare 15 day laycan latest 30 days prior to the opening day of the first layday.” In early July the

A shipbroker fixed a time charter trip in the Far East. There was a term in the charterparty that there could be “no crew change on the laden voyage”. However, during the laden voyage the owners sent

Hopefully many of you are beginning to get back to your office and life is becoming a bit more normal again. ITIC successfully hosted an almost complete board meeting (two directors joined the

A shipbroker negotiated a short time charter on behalf of disponent owners (owners). The broker had worked with the owners for several years and it was their usual practice for the broker to use the

How long have you worked at ITIC? I joined ITIC at the end of March 2022, however, I already feel like a member of the ITIC family. Where were you working before you joined ITIC? I was working as

A marine consultant and marine surveyor worked under the company name of ABC Ltd (not the real name). The surveyor, without realising, used the logo (really just a type of font) of another company