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A marine consultant was engaged to undertake the design, approval and tender process in respect of the construction of a double hulled bunker barge. The barge was intended to service the local market…

Ship agents in Australia were nominated by the charterers of a bulk carrier loading grain. Prior to loading, local regulations required that the vessel was inspected by a quarantine officer and it…

Not all errors lead to a financial loss although the broker may lose the principal’s business. A recent “near miss” involved a broker fixing the time charter of a bulk carrier. The owner specified…

Every year ITIC deals with claims that result from errors by agents dealing with transhipment cargo. The following two claims are typical examples of the things that can go wrong. In one case no…

Shipbrokers specialising in the offshore market arranged the charter of a semi-submersible “flotel” (a type of accommodation unit). The contractual period comprised two separate periods in successive…

A marine surveyor was appointed by the owners of a ship that had been involved in a major casualty which had involved significant loss of life. There were potential criminal charges arising out of…

With effect from the 1st July 2016 the IMO have put in place an amendment to the Safety of Life at Sea Convention (SOLAS) which will require that all containers loaded onto a ship for export have a…

Many shipbroking companies, including most of the larger ones, have started using standard terms and conditions. ITIC has encouraged this development and has produced a sample wording - ITIC’s Terms…

A South American port agent was asked by the owners of a vessel to provide a quote for the costs of discharging a shipment of project cargo. The agent reviewed the port authority’s official tariffs,…

A ship broker fixed a tanker for a two-year period to charterer ABC. It was subsequently renewed for a third year. During the course of the third year the brokers arranged a subcharter to XYZ. The…