01/03/2011
Shipbrokers arranged a sub-charter. As is usual the main terms of the sub-charter were fixed with the details “otherwise as per as the head charterparty”. The head charter had been sent to the broker together with a separate...

01/03/2011
For a number of years one of ITIC’s members had acted as a charterer’s broker for a steel trading company. They were asked to find a vessel to lift a cargo of steel coils and circulated the requirement to their usual contacts....

31/08/2010
A number of claims against shipbrokers are caused by a failure to take care who a message is addressed to. One example is the broker using the “reply” button, instead of “forward” in email communication. The result being that an...

31/08/2010
A shipbroker sought ITIC's assistance because fraudsters were using their address and VAT number. They advised that they had received a call from a man whose girlfriend wanted to buy a vintage sports car. The person selling it...

31/08/2010
A shipbroker, who was a member of ITIC, was acting for a ship owner. The owners had a demurrage claim against the charterers and the charterparty contained the following time bars: 60 day notification – mid January 2008 90...

01/03/2010
A shipbroker was approached by the cargo agent of a company which required a ship to transport two tanks from Holland to Wales. The cargo agent provided the shipbroker with details of the cargo, and these details included...

01/03/2010
In 1993, a shipbroker had a receptionist who filed a demurrage claim into the fixture file without notifying the post fixture staff of its existence. The shipbroker incurred a demurrage claim. Since that date; the company has...

30/04/2009
A shipbroker who was a Member of ITIC (broker A) had been a co-broker in chartering a ship with another broker (broker B). Broker B was not a member of ITIC. During the negotiations, broker B added 2.5% commission into the...

30/04/2009
Two shipbrokers were involved in a sale and purchase of two ships, one acting for the buyer, the other for the seller. The commission agreed on delivery of each ship was to be USD 250,000 per broker, considerably less than the...

01/01/2009
Norwegian shipbrokers were involved in negotiations for a voyage charter. When entering the market, they described the charters as “first class.” It was also alleged that during the negotiations, they made positive...

Get a quote

Get a Quote

Fill in the relevant proposal form to receive a quote.

Make a claim

Make a claim

Guidance on how to report a claim.

Talk to our experts

Talk to our experts

Contact us at ITIC.
+44 (0)20 7204 2928

You are currently offline. Some pages or content may fail to load.