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A shipbroker regularly acted for the same charterers in a particular trade where it was customary to agree to “half despatch”. This is essentially a charge that the charterer gets from…

An agent set a reefer at -18 instead of +18 degrees for a cargo of candy going from India to Angola. The cargo, which was worth US$ 20,000, was a total loss. The claim also included…

A manager took on the management of a bulk carrier which had been purchased by the owner six months earlier on an “unseen as is basis”. It was managed by another third party manager until the ship…

The charterer asked the agent whether there were any restrictions which might cause problems for the ship at the discharge port. The agent telephoned the terminal who advised, verbally, that there…

A number of Members who are sale & purchase brokers have approached us to report that banks are expressing a reluctance to open accounts in the names of buyers or sellers for sale and purchase…

ITIC hosted Forum 2008 this past October with resounding success, thanks to the delegates and the time and efforts of the speakers. We had the pleasure of hosting over 200 attendees at Forum. With…

Maritime Market Overview ITIC Forum, Martin Stopford, Managing Director, Clarkson Research Services Ltd -1 October 2008 1. Where is the shipping business today? Decades can be very different in…

In this, my third year as chairman of your Club, it gives me great pleasure to introduce this edition of the Intermediary to you. Once again, under the stewardship of the Managers at Thomas Miller,…

Joanna Steele Partner, Bentleys Stokes and Lowless | www.bentleys.co.uk In this article, I take a look at some of the points which underlie good report writing, from the perspective of a lawyer…

Ugo Salerno, Chief Executive Officer, RINA S.p.A I hope I will provide you with some thoughts about unlimited Class liability that, even if they do not impact financially on ITIC, may very…