Search

A commercial manager of a fleet of tankers was very aware of the perils of failing to make sure that demurrage claims were presented in time. They had a detailed diary and spreadsheet system in their…

A broker was acting for the owner of a vessel trading in the Mediterranean. When considering an offer from charterers, which included the term “time from 1700 Thursday or a day preceding a holiday…

A chartering broker arranged a Contract of Affreightment (COA) between a Japanese owner and an American charterer (the first charterer). Under the terms of COA the owner had to offer one ship per…

A ship manager member of ITIC took on the management of a vessel; one of his duties under the BIMCO Shipman 98 management agreement was to provide crew for and on behalf of the owners. In 2004,…

A technical management firm appointed a newbuilding supervisor to oversee the building of several chemical carriers. A dispute arose concerning two hulls which were scheduled for delivery in early…

A US bank instructed a marine surveying company to provide a valuation of a client’s vessel to assess its suitability to be used as collateral for a loan. The bank was to be provided with a preferred…

Due to various amendments required by the shipper, liner agents at a load port in South America found themselves reissuing an original bill of lading for a consignment of bananas destined for the…

Liner agents frequently have to arrange for cargo to be released against bills of lading surrendered at the loadport – the so called “Telex Release”. This type of release is risky as no bill of…

ITIC has seen a trend of claims against ship managers by ship owners who are facing hard times. As a result of their financial difficulties they resist paying for the full maintenance for the ship…

A ship agent was appointed to provide agency services to a fleet of ships.  One of the duties of the agent under the contract was to liaise with the local Canal Authority to make all necessary…