614 results:

Crane costs confusion

A ship agent was contacted by charterers. The charterers asked the agent to obtain a quote from a local port on how much it would cost to discharge two parcels weighing 70mt using the shore crane.…

Performance problems

Operators of a passenger and ro-ro ferry service appointed a naval architect to design a 45m landing craft ferry. The design was to be based on that of an existing vessel operated by the…

Turbo technical trouble

Turbo technical trouble

An air charter broker received a request to act for a principal who was seeking to charter an aeroplane for a flight two days later from Scotland to Morocco. The broker reviewed the available options…

Architect’s oversight

A naval architect entered into a contract with a shipyard to design the structure and access arrangements for new lifeboats and their davits to be fitted to a specific vessel. The naval architect…

Weight watching

A firm of agents was asked to book a tractor for shipment from Europe to the Middle East. They quoted a rate based on the weight and realised after the booking was confirmed that they should have…

Boom and bust

A liner agent booked a container of calcium hypochlorite to be moved from a port in the Middle East to Europe. Calcium hypochlorite is a dangerous cargo, with an IMO classification of 5.1. The…

Commission collection in court

A ship broker had entered into an exclusive commission agreement with a ship owner, which provided for commission of 5% to be paid to the broker on the sale of any of their fleet of vessels even if…

ITIC Post fixture Clause

ITIC has recommended a post fixture clause for brokers to place at the end of recap messages. The following wording was endorsed by FONASBA at its annual general meeting in Gothenburg in October…

A general guide to ship managers’ undertakings – an ITIC e-learning seminar

ITIC’s ship management Members have expressed concern when they are being asked to sign letters of undertaking. As such, ITIC have often been asked to provide advice and commentary. To answer some of…

Beware of fraud

More and more cases of fraud are being reported to ITIC. Fraudsters use brokers, agents and ship managers as a vehicle for crime. The result leaves them exposed to a liability as a result of…