1967 results:

No fixture, no problem

No fixture, no problem

A ship had been fixed by a shipbroker, who then received notice from the charterer to cancel the fixture due to the closure of Ukrainian ports as a result of the Russian conflict. The charterparty…

Foul up

Foul up

A commercial manager was held responsible by their principal for failing to arrange a pre-departure survey in respect of fouling of the hull. The ship had an extended stay at a port in a warm water…

Q&A with Aysegul Wallis

Q&A with Aysegul Wallis

How long have you worked at ITIC? I joined ITIC at the end of March 2022, however, I already feel like a member of the ITIC family. Where were you working before you joined ITIC? I was working as…

Grab n’ not go

Grab n’ not go

A bulk carrier arrived at the discharge port with one of its own cranes not operational. The agent, insured by ITIC, made alternative arrangements for discharge which included the hire of a shore…

Missed messages

Missed messages

A shipbroker received a demurrage claim of US$ 80,000 by email to their fixture email address, “chartering@shipbroker.com”. However, the recap stipulated that all claims must be sent to…

Copyright confusion

Copyright confusion

A marine consultant and marine surveyor worked under the company name of ABC Ltd (not the real name). The surveyor, without realising, used the logo (really just a type of font) of another company…

Angry investors

Angry investors

A marine surveyor was contracted to carry out a valuation of a vessel for an IPO. The valuation was agreed to be based upon a visual inspection only. The valuation was included in the IPO prospectus…

Laycan't win 'em all

Laycan't win 'em all

A shipbroker arranged a contract of affreightment (“COA”) between owners and charterers. The COA ran for the 2020 calendar year and provided for a minimum of 4 and maximum of 12 shipments per…

Welcome to the April edition of ITIC’s Claims Review

Welcome to the April edition of ITIC’s Claims Review

Welcome to the April edition of ITIC’s Claims Review. The complete ITIC board successfully met in person, for the first time since 2019, at the end of March in Athens. The board meeting was followed…

One Direction – the wrong one

One Direction – the wrong one

A ship agent received instructions from their principal to arrange transit through the Panama Canal, from Balboa to Cristobal (northbound direction). The agent made the arrangements via the Panama…