1935 results:

Intermediary news

ASBA golf day In spite of ITIC being willing to pay claims whenever justified, disappointingly there was no opportunity to do so when the Club sponsored a hole-in-one at the Association of Ship…

A practical review of the proposed amendments to U.S. COGSA

Ship agents and brokers must interface on a daily basis with shipowners and operators. As such, they must have a working knowledge of the laws that govern the rights and liabilities of carriers and…

Surveying the risks

For the serious surveyor, professional indemnity or PI cover is certainly highly desirable but just how much at risk is the average surveyor? Chris Spencer of C.F. Spencer has helped to defend…

Debt collection service – some practical guidance

ITIC’s Rule 10 provides ship agent and ship broker Members with cover for additional legal expenses and debt collection. This article (in the form of an interview) provides an insight into how the…

Alternative dispute resolution

Alternative Dispute Resolution (ADR) has for many years been a feature of the litigation process in a number of jurisdictions around the world such as Australia and the United States. As a result of…

Sub Agency Agreements

The practice of a ship agent employing a sub-agent in order to undertake tasks in a port in which the agent himself does not maintain an office will be familiar to many readers of The Intermediary.…

Helpdesk at ITIC

In addition to the comprehensive insurance provided by the Club, all Members have access to free advice and guidance from the Club’s “Helpdesk”. The staff of ITIM, ITIC’s management company, have all…

Board approval

ITIC Members might be forgiven for thinking that their Club is controlled by the managers. Underwriting quotes, claims payments and publications are all the responsibility of the managers; as indeed…

NVOC Bills of Lading

Some of ITIC’s Members operate as non ship owning carriers and this article examines some of the pitfalls that can be encountered when issuing NVOC Bills of Lading. You have paid the loss – can you…

Liability insurance - a luxury or necessity?

A large number of ship and crew managers still operate without professional indemnity or liability insurance – by one calculation perhaps 40% of them. Why is this? Have the 60% who have chosen to…