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Press release: ITIC successfully obtains payment of overdue commission fees for S&P shipbroker

Press release: ITIC successfully obtains payment of overdue commission fees for S&P shipbroker

ITIC obtained overdue payment of a shipbroker member’s commission which the seller had refused to pay despite the successful completion of the sale and purchase of a ship. The shipbroker had acted…

Webinar: The M/T Unfortunate - a webinar for shipbrokers

Webinar: The M/T Unfortunate - a webinar for shipbrokers

ITIC is hosting a webinar on Wednesday 30th November 2022 at 10.00 (London time) for shipbrokers. The webinar will last approximately 45 minutes and will focus on a fictious shipbroking case…

ITIC circular: Sanctions against Russia - The upcoming oil price caps on 5 December 2022

ITIC circular: Sanctions against Russia - The upcoming oil price caps on 5 December 2022

Date: 2nd December 2022  EU On 6 October 2022, the EU further amended its Russian sanctions legislation to pave the way for its coming price cap on Russian oil and petroleum products. The most…

Press release: ITIC reimburses ship agent member €30,000 after total loss of pastry shipments due to temperature mistake

Press release: ITIC reimburses ship agent member €30,000 after total loss of pastry shipments due to temperature mistake

ITIC has reimbursed a ship agent €30,000 after the member had to make a payment on behalf of the carrier for the latter’s liability to a consignee for the total loss of its pastry shipments which…