614 results:

Bad Bills

Bad Bills

A ship agent was presented with a correctly endorsed bill of lading by the consignee’s nominated clearing agent and in line with usual procedures issued the Delivery Order for clearing the cargo. The…

Unamended disaster

Unamended disaster

In the MYBA charter agreement if an owner sells the yacht after they have already agreed a charter they have to pay damages to the charterers. The amount of the damages depends on the amount of…

Surplus sulphur

Surplus sulphur

A port agent was asked by the Master of a ship what the sulphur requirements were at berth. The agent replied that fuel with an upper limit of 0.5% sulphur must be used, whereas in fact it was an…

Interview with Ioanna Efthymiou

Interview with Ioanna Efthymiou

How long have you worked at ITIC? It’s been only one month since I joined ITIC. What is the biggest challenge when it comes to claims? I have a legal background, and the most challenging aspect at…

Management mistakes

Management mistakes

A ship manager managed two ships for the same owner pursuant to two BIMCO Shipman contracts. For one ship, the owners alleged that the managers mismanaged their ships by failing to identify…

Gas field of dreams

Gas field of dreams

An offshore surveying firm, offering geophysical surveys, signed a contract with an oil company for the provision of geophysical surveys and geotechnical surveys over offshore gas fields. The gas…

War! (risk premium) - Who is it good for? Absolutely not the broker if they forget to pass on the quote

War! (risk premium) - Who is it good for? Absolutely not the broker if they forget to pass on the quote

A tanker was fixed for a voyage. The voyage included an option to call at an additional war risk premium (AWRP) area. As per the terms of the charter party the charterer was liable to pay the AWRP if…

Storage wars

Storage wars

In respect of a voyage charter, the charterer nominated an ITIC member as the discharge port agent. The charterer asked the agent to confirm storage costs for the cargo up to such time when the…

Ask the Editor

Ask the Editor

I have been asked - Is there really a difference between negligence and gross negligence under English law? English law has no real concept of “gross negligence” but the courts will try and give…

Ask the legal team

Ask the legal team

Here at ITIC we are often asked about a shipbroker’s right to claim commission. There are three common scenarios, other than where the owner and/or charterer refuses to pay a shipbroker’s undisputed…