1935 results:

Surveyor Liable despite properly performing contractual duty

A case recently reported by the Transport Intermediaries Club illustrates how a marine surveyor can be held liable for substantial damages even when properly performing his contractual duties.…

Failure to consider off-hire provision proves costly for ship manager

An indication of how parties to shipping contracts can incur substantial losses in a fluctuating market, as a result of insufficient attention to contractual detail, is provided in the latest Claims…

ITIC warns shipmanagers about liability for signing purchase orders

The International Transport Intermediaries Club (ITIC) says suppliers of goods and services in the marine industries are increasingly turning to shipmanagers for settlement of their bills when…

ITIC urges shipmanagers to review their liability limitation provisions

Ahead of an impending revision of the standard industry shipmanagement agreement, the International Transport Intermediaries Club (ITIC) has urged shipmanagers to limit their liability to a sum which…

ITIC warns shipmanagers on lay-up liability

The International Transport Intermediaries Club (ITIC) has urged its shipmanager members to seek legal advice before entering into any contracts with owners relating to the laying-up of vessels.…

ITIC interventions show power of ship arrest

The latest Claims Review produced by the International Transport Intermediaries Club (ITIC) provides evidence that, although ship arrest should in many respects be considered a last resort in the…

Brokers under pressure on ship valuations in falling market

The International Transport Intermediaries Club (ITIC) says the fall in the shipping markets has created a number of difficult issues for ship valuers, with brokers in some cases even declining to…

ITIC maintains continuity credit payments to members

For the fourteenth year in succession, International Transport Intermediaries Club (ITIC) is to pay a continuity credit to all those members who renew their cover with the club during the 2009 policy…

ITIC warns brokers to be wary of 'first-class charters'

The International Transport Intermediaries Club (ITIC) has advised shipbrokers against using the term ‘first-class charterers’ when conducting fixture negotiations, following a claim made by…