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I am delighted to introduce this latest edition of The Intermediary. It is designed, as ever, to be informative and practical on the one hand, while remaining straightforward and readable on the…

Sometimes the Club’s surveying members will be asked by the ship owner to sign indemnities, disclaimers, waivers or releases before they perform a job for their principal by the ship owner before the…

ITIC insures many companies whose job it is to arrange contracts on behalf of a principal between the principal and a third party. A problem which continues to produce many claims is the failure to…

In many countries ship agents, and, in some cases ship managers, can find themselves involved in claims as a result of their joint and several liability with their principal, be that the ship owner…

In July 2006 the Federation of National Associations of Shipbrokers and Agents (FONASBA) conferred “Standard Document” status on an ISPS clause, drafted with the assistance of, and approved by, ITIC.…

ITIC has recently received a number of enquiries from ship agents who have experienced problems with principals not settling disbursement accounts in full because they are different from the pro…

Perhaps more accurately in this instance, the question is really when does a ship cease to be a ship for the purposes of arrest. This was the issue addressed by the Ghent Court of Seizures. A…

In recent years liner operators have been rushing to Germany for their new tonnage. Several have set up their own ship management companies in Germany. They have done so because, during the 1990s,…

By Gry Bratvold and Gaute Gjelsten of Wikborg Rein Classification societies occupy a unique place in the field of maritime law and commerce, despite, or perhaps because of, the controversy that…

ITIC has seen an increasing number of sale and purchase brokers being asked to hold deposits on behalf of the buyers and sellers. While not yet a feature of a large number of transactions, the…