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A naval architect designed a motor vessel for a yard. Two vessels were built following the design. After the vessels were built and delivered to their respective owners, various deficiencies were…

A shipbroker received a claim from owners for ice dues and winter surcharge on towage at a Baltic port to be passed on to the charterers. The claim was sent to the charterers using an “opsclaims”…

ITIC insured a naval architect who was contracted to design two superyachts for two different owners, both to be built at the same yard. Each owner was under the belief that they were to get a unique…

Upon request from cargo owners, a ship agent was asked to change the final destination on four bills of lading from Hong Kong to Singapore. The agent updated the information in the owner’s software…

ITIC Insight is the brand new podcast series where we will be discussing the important issues and challenges facing transport and insurance professionals across the world, whilst offering loss…

We keep being asked to sign Non-Disclosure Agreements (NDA) by clients and potential clients. If we sign these do we prejudice our insurance cover? Many thanks for this interesting question. As…

Tom Irving, director and general manager of ITIC, sits down to chat with the Claims Review editor for the third in a regular interview series, where we get to know ITIC’s claims handlers. In this…

Hopefully many of you are beginning to get back to your office and life is becoming a bit more normal again. ITIC successfully hosted an almost complete board meeting (two directors joined the…

A ship agent was informed by one of their LNG clients that they should have benefited from a quantity discount on pilotage tariffs available at the port for which the agent had erroneously not…

A broker negotiated the sale of a fishing vessel. A Memorandum of Agreement (“MOA”) was signed between the buyers and sellers which included a clause providing that the broker would be paid 2% of the…