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Commercial partners, customers or even members of the public might consider bringing a claim against an individual person rather than the company. A marine and transport consultancy contracted to…

Directors’ & Officers’ insurance, or D&O, provides financial protection for the directors and officers of your company in the event that they are sued in relation to the performance of their…

ITIC is the world’s largest liability insurer of ship and crew managers with over 200 members insured for these activities Ship and crew managers are 10% of the membership by number Ship and crew…

No manager should accept any argument from the owner or their insurers not to be a full co-assured on the owner’s P&I cover. We do come across examples where the manager is not a full joint…

ITIC has seen a sharp increase in the number of lay-up contracts that we have been asked to review. Some of these lay-up agreements are based on an amended ship management contract where the manager…

Last year we sent a circular advising ship managers to review their purchase orders to make it absolutely clear to the company supplying goods or services to the ship that its contract for goods is…

If you are using a ship management agreement subject to English law, it is acceptable to use a standard limitation of liability clause as set out in the various BIMCO Shipman contracts. However, if…

by Peter D. Clark of Clark, Atcheson & Reiserthttp://www.navlaw.com/ Ship management is an integral part of today’s shipping industry. Ships require constant maintenance, repair, technical…

The standard ship management agreement, BIMCO Shipman, has been around for over 20 years. The current version is BIMCO Shipman 98 and it is expected that another version will be published very…

Inevitably, recent times have been dominated by the fall in shipping markets. These articles, therefore, mainly reflect the difficulties created by the current economic situation. Many brokers have…