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Loss of commission insurance is as essential for shipbrokers and ship managers as business interruption protection insurances are to other businesses. The loss caused by, for example, the sinking of

In addition to our professional indemnity cover, ITIC also offers the following products: Directors’ and Officers’ insurance Directors’ & Officers’ insurance (D&O) is a personal insurance

A firm of marine engineers regularly acted as experts in court proceedings. They had been approached by solicitors to assist in a potential claim relating to the engines of a pleasure craft. 

A yacht broker was the central agent for a yacht moored in the USA. During a pre-purchase survey, the engine’s RPM was lower than it should have been. The owner decided to remedy this by

It comes as a surprise to some ship mangers that they could face a claim after a ship has left their management. Under English Law, which applies to many ship management agreements, the standard

Please contact your insurance broker or your ITIC underwriter if you would like to receive a quotation for any of these products. More detailed information is available at www.ITIC-insure.com In

A US bank instructed a marine surveying company to provide a valuation of a client’s vessel to assess its suitability to be used as collateral for a loan. The bank was to be provided with a preferred

Port agents in Hong Kong represented a container ship calling at Kwai Chung Container Terminal. Once discharge and loading operations were completed the ship sailed for her next port, Shanghai.

To see the article as it appears in RINA's The Naval Architect, click here. Please note that a membership is required to access.  Yachts, knots, and legal shots By Robert Hodge, General

Steven See Chee Beng Steven See started his career in 1966 with Wallem Shipping (Singapore), later training as a shipbroker. In 1974 he co-founded Singapore Shipbrokers, probably the first