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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…

Geraldine is the newest member of the ITIC team, joining as a senior claims executive in August 2021. In this interview Geraldine sits down to chat with the Claims Review editor, where she outlines…

A commercial manager was instructed to plan a voyage to Acu Port, Brazil. In order to do this they used their own voyage calculation system. Unfortunately, the operator/ system generated a…

A crude oil tanker suffered an explosion during repairs in the UAE resulting in severe damage to the vessel. An extensive investigation was conducted by the UAE authorities and the matter was closed…

A shipbroker negotiated a short time charter on behalf of disponent owners (owners). The broker had worked with the owners for several years and it was their usual practice for the broker to use the…

A shipbroker arranged a fixture of regular monthly shipments of propane by way of a COA. For one shipment the buyer required a different quantity of the cargo and messaged the broker with this…