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Welcome to the April edition of ITIC’s Claims Review

Welcome to the April edition of ITIC’s Claims Review

Welcome to the April edition of ITIC’s Claims Review. The complete ITIC board successfully met in person, for the first time since 2019, at the end of March in Athens. The board meeting was followed

Redundant reservation

Redundant reservation

A ship agent was asked by their principal to enquire whether there was space to transit through the Panama Canal on a specific date. However, the agent misunderstood the request to check if a slot

Something fishy

Something fishy

ITIC’s member is a designer of fish farms. They designed a fish farm which was fabricated in Asia and delivered to the end user based in the UK. It became apparent when the fish farm was in situ

Interview with Maggie Hui Li

Interview with Maggie Hui Li

Maggie Hui Li, ITIC’s claims executive, sits down to chat with the Claims Review editor, as part of this regular interview series in which we get to know ITIC’s claims handlers. Maggie joined ITIC’s

A claim quickly despatched

A claim quickly despatched

A shipbroker regularly acted for the same charterers in a particular trade where it was customary to agree to “half despatch”. This is essentially a charge that the charterer gets from

Copyright issues

The work of many of ITIC’s members, particularly those involved in design, such as naval architects, involves intellectual property rights and obligations. Obviously, members cannot deliberately

SIGNING OFF – THE IMPORTANCE OF GETTING IT RIGHT

ITIC insures many companies whose job it is to arrange contracts on behalf of a principal between the principal and a third party. A problem which continues to produce many claims is the failure to

ITIM NEWS

ITIC SAILING DAY - TRAFALGAR 200 In connection with the Trafalgar 200 events, ITIC arranged for a day’s sailing on the Solent for some its Members. We were joined by Peter French (British Maritime

Financial strength of ITIC

“The Club’s strong financial position has allowed it to introduce the concept of a continuity credit” The financial strength of an insurer is becoming an ever more important consideration for the

The End of an Era

After almost thirty years in the business, ITIC’s Claims Director, Julia Mavropoulos, has retired. On the last day of 2004, Julia Mavropoulos, Claims Director of ITIC for the past eleven years,