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New legislation will help shipbrokers to collect commission In the last two editions of the “Intermediary“ we have reported on how English law has been amended in a way which will assist brokers to…

ITIC Members (particularly ship agents and ship managers) are regularly sued in addition to, or even instead of, the shipowner. There are a number of reasons for this. In some countries, agents have…

...ITIC's approach ITIC makes it a condition of its insurance that its crew management Members use their best endeavours to be co-assured on their ship owners insurances. In applying this standard…

Suzanne Starbuck of Merlin Corporate Communications charts the development of Forward Freight Agreements (FFAs) in the shipping industry over the last decade and asks if they have a role to play in…

ISM Implementation Phase One The first major worldwide implementation of the ISM Code rolled over the shipping community on 1 July, 1998. In the build-up to that date the maritime press was full of…

A WARNING FOR AGENTS ABC Agency Co were the agents in China for an NVOC based in Washington State, USA which operated a service between the USA and various Asian ports. The NVOC ceased trading…

It is time for ship agents to examine the rubber stamps they use when signing bills of lading and consider destroying some of them. Ship agents are sometimes sued in addition to (or instead of) their…

The last issue of the “Intermediary“ contained an article on mediation. Since that article was published there have been three major developments affecting the use of this increasingly popular form…

ITIC’s shipmanagement Members should be aware that underwriters in the London market are in the process of revising the standard hull insurance clauses to bring them into line with current market…

The new FONASBA (Federation of National Associations of Shipbrokers and Agents) Standard Liner and General Agency Agreement is now in use. In a bid to modernise their documentation, FONASBA decided…