154 results:

SUPER REEFER TO THE RESCUE

ITIC’s usual involvement with reefer containers is when they are set at the wrong temperature and their contents spoiled. We are grateful to A.P. Moller for allowing us to reproduce an article from…

CONTINUITY CREDITS – RETURNING MONEY TO YOU

ITIC has been returning money to its Members for the last four years through continuity credits at renewal. Where does this money come from? In an era where mutuality seems to be going out of…

Signingoff (2) - SHIP MANAGERS’ PURCHASE ORDERS

The last issue of ‘The Intermediary’ looked at the need for Members to take care that they made their agency status clear when signing off correspondence. The article concentrated on the problems…

MONEY LAUNDERING

A London shipbroker negotiated the sale of a small ship of the type commonly used for coastal trading. The buyers were based in the U.S.A. The sellers, although a Liberian company, were domiciled in…

75 YEARS – THE HISTORY OF ITIC

The International Transport Intermediaries Club (ITIC) celebrates its 75th Anniversary this year. The Club traces its origins to the Chartered Shipbrokers Protection Association, first formed as an…

Welcome

Welcome to this edition of the Intermediary.  Since the last edition the Club has reached a landmark.  We have now collected over US$ 50 million on behalf of our Members.  Additional…

Ship Arrest

When an owner or charterer defaults on his obligations there is an understandable desire for instant decisive action in the form of arresting a ship.  This is often, but not always, a prudent…

ARRESTING FOR SHIP BROKERS’ COMMISSION

In the March 2000 edition of “The Intermediary” we reported on major changes to the law affecting ship brokers’ commission, as was brought about by the coming into force of the Contracts (Rights…

SHIPBROKERS’ WEBSITE WORDINGS

ITIC is willing to give its views as an insurer on a wide range of documents that Members use in the course of their insured businesses. The Club’s managers will frequently review liner agency…

THE RIGHT DECISION

The Club prides itself on its sympathetic claims handling and cost effective claims settlements.  In many cases a Member is facing a claim from his customer and is understandably anxious to…