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1554 results:

The cost of innocence

An innocent surveyor has to pay A surveyor in Australia was appointed by a bank. The instructions provided to the surveyor were clear. They were to confirm the value of the vessel being built at a

Port clearance predicament

Port clearance predicament

A ship sailed from Western Australia without the correct port clearance. The Australian border authorities would not issue the Master with port clearance after sailing. The ship was discharging in

It’s all a matter of class

It’s all a matter of class

A yacht broker and manager acted for a client who wanted to purchase a yacht for family use but which he would also be able to charter out commercially. The client became interested in a yacht that

Professional Indemnity Insurance with ITIC

ITIC is the world’s leading insurer of professionals who provide services to the transport industry, with over 80 years experience of consistently providing comprehensive cover at cost effective

ITIC warns brokers to be wary of 'first-class charters'

The International Transport Intermediaries Club (ITIC) has advised shipbrokers against using the term ‘first-class charterers’ when conducting fixture negotiations, following a claim made by

Brokers exposed to liability as a result of email shortcomings

International Transport Intermediaries Club (ITIC) says that shipbrokers run the risk of exposure to substantial liabilities as a result of inadequate monitoring of their email communications. In

ITIC says shipbrokers must protect commission entitlement

International Transport Intermediaries Club (ITIC) says the current global economic downturn means that shipbrokers will have to be particularly careful to ensure that their entitlement to commission

Press Release: October 2013 - ITIC issues warning on forged documents

ITIC has warned shipping intermediaries to be on the look-out for cleverly forged documents which could result in them being held liable for substantial claims by cargo interests.  In the

Press Release: June 2014 - Failure to incorporate terms and conditions proves costly for marine surveyor

ITIC has emphasised the need for marine surveyors and other shipping and transport intermediaries to include their terms and conditions in all their business dealings in order to protect their

Ship managers - errors when arranging insurance

One of the duties undertaken by ship managers is to arrange insurances. Shipman 98 provides that this shall be “on such terms and conditions as the owners shall have instructed or agreed, in