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Most ship agents are aware of the conflict of interest which may exist if they represent two principals engaged in the same trade. Indeed the FONASBA Standard Liner Agency Agreement contains a…

An American shipbroker and Member of ITIC was recently awarded his full commission by a Los Angeles Federal Court in litigation with an American shipowner. ITIC assisted its Member in the recovery.…

Shipbrokers and the Law Lloyds of London Press has recently published “Shipbrokers and the Law” written by Andrew Jamieson, legal advisor and director of ITIM, ITIC’s management company. The book…

We are pleased to welcome Andrew Webster as a new member of the ITIM team. Andrew is a qualified shipbroker with a degree in geography. After taking his degree, Andrew began his shipping career in…

Ship agents, like other professionals in the transport industry, need to limit their liability to an amount which is commensurate with their remuneration. Carriers by sea, air and land set out their…

“The Club’s strong financial position has allowed it to introduce the concept of a continuity credit” The financial strength of an insurer is becoming an ever more important consideration for the…

ITIC is frequently requested to review draft liner agency contracts which have been presented to its Members for signature. Regrettably, if not surprisingly, these are often biased in favour of the…

ITIC is often involved in disputes between a Member and his principal or some other party. It is also common for Members to become involved in efforts to resolve disputes between their principals and…

The Club has received a number of enquiries from ship broker Members, either direct or through their insurance brokers, interested in insuring against loss of their commission. This insurance is…

“The ability to move from a paper to an electronic environment will provide significant benefits to all participants in international trade” It is estimated that currently three times more…