1967 results:

A GAFTA gaffe

An ITIC member, who is a surveyor, was appointed in 2013 by a buyer to sample a cargo of 3,000 MT of Ukrainian sunflower seed cake at a discharge port in Spain under GAFTA Rules. There was an…

Swan necked

A naval architect designed a series of motor yachts for a yard. As part of the design contract, they were required to provide a drawing showing the down flooding points of the yacht. This drawing was…

Commercial management claims review

Commercial management claims review

Commercial managers need to be fully aware of all limitations which ships under their management have, as regards to carriage of particular cargoes and, furthermore, must pay careful attention to the…

Marine surveyor and consultants claims review

Marine surveyor and consultants claims review

In many trade contracts, where the specification of the product is important, buyers and sellers will often agree that the quality will be determined by an independent expert and that the expert’s…

Naval architecture claims review

Naval architecture claims review

One of the benefits of insurance with ITIC is the cover provided for defence costs. As a naval architect you could receive a claim from a vessel owner for a case you worked on even if you were not…

Ship agency claims review

Ship agency claims review

ITIC has, over the years, paid out large sums in respect of claims for damage to refrigerated cargo due to mistakes by ship agents in passing information on temperatures. Claims from the incorrect…

Ship broking claims review

Ship broking claims review

ITIC is often asked whether a ship broker is entitled to claim their commission. It is very important to remember that each case should be considered on its own facts.

Ship management claims review

Ship management claims review

ITIC provides a range of products for managers and agents which cover monies temporarily in the member’s care while in transit to a ship. The cover can also be extended to include monies, including…

Welcome to the Spring edition of ITIC’s Claims Review, April 2020

Welcome to the Spring edition of ITIC’s Claims Review. The Claims Review provides a selection of cases recently handled by ITIC. We hope that these case histories will be of interest to members and…

Lumbering payments

The port had invoiced the agent directly for these charges and in turn the port agent passed the charges to the lumber company for reimbursement. However, despite requesting payment on several…