1935 results:

SIGNING OFF – THE IMPORTANCE OF GETTING IT RIGHT

ITIC insures many companies whose job it is to arrange contracts on behalf of a principal between the principal and a third party. A problem which continues to produce many claims is the failure to…

Liabilities of ship owners attaching to agents

In many countries ship agents, and, in some cases ship managers, can find themselves involved in claims as a result of their joint and several liability with their principal, be that the ship owner…

FONASBA/ITIC ISPS Clause

In July 2006 the Federation of National Associations of Shipbrokers and Agents (FONASBA) conferred “Standard Document” status on an ISPS clause, drafted with the assistance of, and approved by, ITIC.…

Drafting pro-forma disbursement accounts

ITIC has recently received a number of enquiries from ship agents who have experienced problems with principals not settling disbursement accounts in full because they are different from the pro…

When is a ship not a ship?

Perhaps more accurately in this instance, the question is really when does a ship cease to be a ship for the purposes of arrest. This was the issue addressed by the Ghent Court of Seizures. A…

Ship management German style

In recent years liner operators have been rushing to Germany for their new tonnage. Several have set up their own ship management companies in Germany. They have done so because, during the 1990s,…

Classification Society Liability

By Gry Bratvold and Gaute Gjelsten of Wikborg Rein Classification societies occupy a unique place in the field of maritime law and commerce, despite, or perhaps because of, the controversy that…

Escrow Accounts

ITIC has seen an increasing number of sale and purchase brokers being asked to hold deposits on behalf of the buyers and sellers. While not yet a feature of a large number of transactions, the…

Naval architects - Thoughts on loss prevention

ITIC insures an ever increasing number of naval architects. The challenges and claims encountered by naval architects are extremely varied, but the following article illustrates three of the common…

ITIC News

THOMAS MILLER AUSTRALIA The Sydney office was the first overseas office set up by Thomas Miller, and was established 30 years ago. The office has 8 staff and is located in the city, overlooking the…