1950 results:

MARITIME LIENS

There is a common misconception among ship agents that all disbursements incurred by a ship owner or a time charterer constitute a maritime lien which is automatically enforceable against the ship…

ITIC Forum 2004

IT may only have been four years since the 2000 ITIC Forum, but it has been a busy four years. During that time not only has the Club’s membership risen from 1,200 companies to 1,800, but premium…

ITIM NEWS

ITIC SAILING DAY - TRAFALGAR 200 In connection with the Trafalgar 200 events, ITIC arranged for a day’s sailing on the Solent for some its Members. We were joined by Peter French (British Maritime…

A Look at Shipbroker Commission Collection in the United States

Typically shipbroker commission collection cases center around the language found in the commission clause of a charter party. These clauses generally provide that a broker acting for a principal in…

BIMCO’S VIEW ON THE IMPORTANCE OF CO-ASSURANCE

BIMCO’s attention has been drawn to the fact that some shipowners do not name third party ship managers as co-assured on their hull and machinery policies. This is a highly dangerous practice that…

Under ship management agreements

Ship managers need to be co-assured because the economics of ship management are based on a management fee structure that does not envisage the manager purchasing separate P&I and hull and…

Use of E-mail by Agents - Risk Management

Approximately 80% of all business communications are electronic. Agents (which terms includes ship agents, shipbrokers, ship managers and forwarding agents) will send many important documents by…

The ISPS Code and Intermediaries

On 1 July 2004 the International Ship and Port Facility (ISPS) Code came into force. Although, as predicted, ships have been subjected to delays, detentions, inspections and increased costs, there…

The End of an Era

After almost thirty years in the business, ITIC’s Claims Director, Julia Mavropoulos, has retired. On the last day of 2004, Julia Mavropoulos, Claims Director of ITIC for the past eleven years,…

Negligence and Cargo Surveyors

This article only deals with the type of surveyor who goes on board a ship which is loading or discharging cargo, and inspects the cargo operations on behalf of the seller or the buyer of the cargo.…