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1554 results:

Be careful with escrow accounts

Although it is not yet a feature of large numbers of transactions, the practice of S&P brokers being asked to hold deposits on behalf of buyers and sellers is now sufficiently established to be

Bill of Lading Fraud (Circular 01/08/96)

Our ref: 96/01 August 1996 TO: Members and their brokers Some years ago the Club included an article on the dangers attached to "pre-dating and clausing" of bills of lading in its

Right number, wrong box

ITIC received notice of a claim faced by a liner agent at an African port. The agent had arranged for cargo to be delivered to an inland destination in a forty foot container leased by his principal.

Bill of Lading Fraud (Circular 2001/ 02)

Some years ago the Club included an article on the dangers attached to "pre-dating and clausing" of bills of lading in its newsletter, "The Intermediary".  The Club issued a

One berth, two buyers

A berth broker member was engaged by an owner of a berth to sell it on his behalf. Negotiations commenced with one buyer who continually required changes to the memorandum of agreement (moa)

Bad vibrations lead to costly dispute for ship manager

International Transport Intermediaries Club (ITIC) has emphasised the importance of ship managers using the right contracts and having appropriate insurance in place to cover the legal costs of

Pass it ALL on

Shipbrokers arranged a sub-charter. As is usual the main terms of the sub-charter were fixed with the details “otherwise as per as the head charterparty”. The head charter had been sent to the

ITIC IN THE NEWS: Secondhand Woes - article by Andrew Jamieson in latest edition of The Baltic magazine

To see the article as it appears in The Baltic, please click here. The article can be found on page 78: This year has seen the publication by BIMCO and the Norwegian Shipbrokers Association of

Simple mistakes can lead to costly claims

To see the article as it appears in The Baltic, please click here. The article can be found on page 93: Charlotte Kirk of the International Transport Intermediaries Club (ITIC) looks at some recent

The demise of the daybook and keeping records

To see the article as it appears in The Baltic, please click here. The article can be found on page 116: One aspect of handling claims for ITIC is that you get to read a fair number of transcripts