154 results:

Illegal immigrants posing as crew members

The reasons for emigrating are essentially the same today as they were at the Beginning of the century; deteriorating economic conditions coupled with political unrest. However, a hundred years ago…

"Shipman" 98

The final draft of the “Shipman” 1998 form was approved at the BIMCO Documentary Committee meeting in May 1998. The primary objective behind the revision of the “Shipman” (and “Crewman”) agreements,…

Agents and conflicting interests

Most ship agents are aware of the conflict of interest which may exist if they represent two principals engaged in the same trade. Indeed the FONASBA Standard Liner Agency Agreement contains a…

ITIC Broker wins commission award in California

An American shipbroker and Member of ITIC was recently awarded his full commission by a Los Angeles Federal Court in litigation with an American shipowner. ITIC assisted its Member in the recovery.…

Intermediary News

Shipbrokers and the Law Lloyds of London Press has recently published “Shipbrokers and the Law” written by Andrew Jamieson, legal advisor and director of ITIM, ITIC’s management company. The book…

New face at ITIM

We are pleased to welcome Andrew Webster as a new member of the ITIM team. Andrew is a qualified shipbroker with a degree in geography. After taking his degree, Andrew began his shipping career in…

Ship Agents’ Liabilities “Himalaya” Clause or Standard Trading Conditions?

Ship agents, like other professionals in the transport industry, need to limit their liability to an amount which is commensurate with their remuneration. Carriers by sea, air and land set out their…

Financial strength of ITIC

“The Club’s strong financial position has allowed it to introduce the concept of a continuity credit” The financial strength of an insurer is becoming an ever more important consideration for the…

Liner Agency Contracts

ITIC is frequently requested to review draft liner agency contracts which have been presented to its Members for signature. Regrettably, if not surprisingly, these are often biased in favour of the…

“Without Prejudice”

ITIC is often involved in disputes between a Member and his principal or some other party. It is also common for Members to become involved in efforts to resolve disputes between their principals and…