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A broker was representing charterers who fell behind in their obligations to pay hire to the owners.  The same brokers had also been involved in the sub-charter of the ship.  The owners…

Sale and purchase brokers representing the sellers of a vessel received a list of questions from the buyer's brokers including one as to whether the ship's underwater parts were painted with…

A North African oil company sent a circular to its panel of brokers informing them that tankers discharging at a certain North African port required a stern line.  About ten days later a London…

A sale and purchase broker acted for a shipyard in connection with the construction and purchase of three multi-purpose ships.  Under the terms of a separate commission agreement, the shipyard…

Always obtain the original b/l An Irish liner agent delivered a container of woodpulp against an original bill of lading which had been mailed to him.  The bill of lading was consigned "to…

Always obtain the correct b/l A liner agent in Denmark, having obtained an original bill of lading, authorised the release of a container of computer parts to a consignee in Russia, without noticing…

One of the agent's options, when the original bill of lading is not available, is to deliver against a letter of indemnity.  The indemnity does not relieve the carrier of liability to the cargo…

The agent should therefore also ask himself the questions set out in the following Rules: Has your principal given written authority to release and agreed the wording and security? An agent…

Is it counter-signed by a first class bank? A shipowner sought to recover from his agent who had released cargo against indemnities countersigned by the failed BCCI bank.  The agent had…

Has the cargo owner authorised release in writing? A Turkish liner agent was requested by the receiver of 12 containers of frozen meat shipped from Denmark to deliver them without original bills of…