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ITIC help avoid attempted crew scam (Bulletin)

The International Transport Intermediaries Club (ITIC) has uncovered what appears to have been an attempt by an individual to gain illegal entry into the UK by using the services of a ship agent.The…

Be careful with escrow accounts

Although it is not yet a feature of large numbers of transactions, the practice of S&P brokers being asked to hold deposits on behalf of buyers and sellers is now sufficiently established to be…

2007 Press & Bulletins

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…

2008 Press & Bulletins

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…