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The last issue of ‘The Intermediary’ looked at the need for Members to take care that they made their agency status clear when signing off correspondence. The article concentrated on the problems…

A London shipbroker negotiated the sale of a small ship of the type commonly used for coastal trading. The buyers were based in the U.S.A. The sellers, although a Liberian company, were domiciled in…

The International Transport Intermediaries Club (ITIC) celebrates its 75th Anniversary this year. The Club traces its origins to the Chartered Shipbrokers Protection Association, first formed as an…

Welcome to this edition of the Intermediary.  Since the last edition the Club has reached a landmark.  We have now collected over US$ 50 million on behalf of our Members.  Additional…

When an owner or charterer defaults on his obligations there is an understandable desire for instant decisive action in the form of arresting a ship.  This is often, but not always, a prudent…

In the March 2000 edition of “The Intermediary” we reported on major changes to the law affecting ship brokers’ commission, as was brought about by the coming into force of the Contracts (Rights…

ITIC is willing to give its views as an insurer on a wide range of documents that Members use in the course of their insured businesses. The Club’s managers will frequently review liner agency…

The Club prides itself on its sympathetic claims handling and cost effective claims settlements.  In many cases a Member is facing a claim from his customer and is understandably anxious to…

A wide variety of companies providing professional services to the transport industry choose ITIC as their professional indemnity insurer.  The Club’s membership includes surveyors and…

A ship owner can either place the insurance of his ship with underwriters himself or alternatively pass the responsibility of insuring the ship onto the ship manager under the ship management…