Posts Tagged ‘International Transport Intermediaries Club (ITIC)’

Failure to incorporate terms and conditions could find shipping out of its depth

Failure to incorporate terms and conditions could find shipping out of its depth
Failure to incorporate terms and conditions could find shipping out of its depth International Transport Intermediaries Club (ITIC) has warned its members of the need to incorporate terms and conditions into their business dealings in order to limit their potential exposure to liability. ITIC cites the...
June 4th, 2019 | Marine Insurance, P and I Clubs | Read More

ITIC e-learning video highlights dangers of switch bills of lading

ITIC e-learning video highlights dangers of switch bills of lading
International Transport Intermediaries Club (ITIC) has produced an e-learning video for ship agents on the use of ‘switch bills of lading’, a second sets of bills used as a substitute for the original bills of lading issued at time of shipment. ITIC legal advisor Mark Brattman says, “There are...
January 30th, 2019 | Associations, Chartering, Marine Insurance, Maritime Education and Training, P and I Clubs | Read More

ITIC reimburses broker accused by owner of breach of authority

ITIC reimburses broker accused by owner of breach of authority
International Transport Intermediaries Club (ITIC) recently represented a shipbroker accused by an owner of breach of warranty of authority in a dispute arising under a non-performing contract of affreightment (CoA). The shipbrokers had negotiated the terms of a CoA between the charterers and the ship...
January 14th, 2019 | Chartering, P and I Clubs | Read More

ITIC puts members on alert after uncovering fraudulent diversion of cash

ITIC puts members on alert after uncovering fraudulent diversion of cash
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries. The warning comes following the fraudulent diversion of a significant sum of cash transmitted in good faith by ship agents to the master...
December 17th, 2018 | Corruption, Maritime Fraud, P and I Clubs | Read More

Ship agent liable for negligence leading to excessive dunnage disposal charges

Ship agent liable for negligence leading to excessive dunnage disposal charges
International Transport Intermediaries Club (ITIC) has recently reported a dispute in which a ship agent in Australia was held liable to its shipowner principal for excessive charges demanded by a contractor for the disposal of dunnage and other materials related to the packing of cargo. The agent was...
August 6th, 2018 | Chartering, Legal, P and I Clubs | Read More

ITIC helps ship manager successfully refute owner’s allegation of negligence

ITIC helps ship manager successfully refute owner’s allegation of negligence
International Transport Intermediaries Club (ITIC) has successfully defended a ship manager against allegations of negligence made by a shipowner following the loss of a lifeboat overboard. The lifeboat was subsequently found drifting off the port of Naze, Japan, after the master of the vessel had reported...
June 26th, 2018 | Insurance and Reinsurance, Legal, Marine Insurance, P and I Clubs, Shipmanagement | Read More

ITIC warns about re-emergence of people-smuggling scam

ITIC warns about re-emergence of people-smuggling scam
International Transport Intermediaries Club (ITIC)* has warned ship agents about the re-emergence of a scam whereby they are being used by people-smugglers to cover the movement of illegal migrants. The basic pattern of the scam is for owners or managers to ask an agent to attend a vessel’s call,...
December 20th, 2017 | Corruption, Marine Insurance, P and I Clubs | Read More

Superyacht refit overspend dispute illustrates danger of acting outside contract

Superyacht refit overspend dispute illustrates danger of acting outside contract
International Transport Intermediaries Club (ITIC) has warned against the dangers of marine service providers informally offering advice which falls outside the scope of their contracts. ITIC cites the case of a yacht manager contracted to provide crew management and ISM consultancy for a superyacht....
December 7th, 2017 | Disputes, Legal, P and I Clubs, Shiprepair, Technical, Technology | Read More

ITIC settles off-hire dispute resulting from ship manager’s negligence

ITIC settles off-hire dispute resulting from ship manager’s negligence
International Transport Intermediaries Club (ITIC) recently settled a claim brought against a ship manager for failure to maintain its obligations under a technical management contract, leading to liability for costs incurred when the vessel was denied permission to berth by port authorities in Australia. The...
November 2nd, 2017 | Chartering, Claims, Disputes, P and I Clubs, Shipmanagement | Read More

ITIC settles dispute after Turkey bars entry to vessel with Cyprus connections

ITIC settles dispute after Turkey bars entry to vessel with Cyprus connections
International Transport Intermediaries Club (ITIC) recently settled a dispute between a shipowner and its Turkish agent for losses arising from the refusal of Turkish port authorities to allow a vessel to berth because of its connection to Cyprus. Turkish regulations prohibit any vessel directly or indirectly...
October 2nd, 2017 | Disputes, P and I Clubs, Ship Agencies | Read More

ITIC reimburses surveyor accused of negligence leading to ferry damage

ITIC reimburses surveyor accused of negligence leading to ferry damage
International Transport Intermediaries Club (ITIC) has reimbursed a marine surveyor accused of negligence by the owner of a ferry which sustained significant machinery damage while being towed to a shipyard. The ferry, which operated in North American waters, was due to be towed to a shipyard to undergo...
May 31st, 2017 | Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security | Read More

ITIC warns that failure to follow lay-up procedure can be costly

ITIC warns that failure to follow lay-up procedure can be costly
International Transport Intermediaries Club (ITIC) has reported a case in which a lay-up manager was held liable for a $250,000 contribution to a claim for extensive damage to a vessel whilst in lay-up. The lay-up manager, as agent for the owner, arranged for a contractor to fit internal blanks to the...
October 25th, 2016 | Marine Insurance, P and I Clubs | Read More

Tanker brokers count cost of failure to pass on claims documentation

Tanker brokers count cost of failure to pass on claims documentation
International Transport Intermediaries Club (ITIC) says delay in submitting – or failure to pass on – documentation is the most common cause of claims against tanker brokers. Moreover, the tightening of procedures in a difficult market may serve to make such failures more costly. In the...
September 27th, 2016 | Associations, Claims, Insurance and Reinsurance, Marine Insurance, P and I Clubs, Tankers | Read More

ITIC reports on costly transhipment errors by ship agents

ITIC reports on costly transhipment errors by ship agents
International Transport Intermediaries Club (ITIC) says it continues to deal on a regular basis with claims resulting from errors by agents involving transhipment cargoes. In one case, an agent in Argentina failed to declare a cargo as transhipment cargo within fifteen days of the vessel’s arrival...
May 5th, 2016 | Marine Insurance, P and I Clubs | Read More

Court rejects €1.56m claim against marine surveyor accused of poor stowage

Court rejects €1.56m claim against marine surveyor accused of poor stowage
Charlotte Kirk International Transport Intermediaries Club (ITIC) has warned that the wording of instructions can potentially widen the scope of liability for marine service providers, citing the recent case of a marine surveyor sued for €1.56m for alleged poor onboard stowage of a cargo. The marine...
April 4th, 2016 | Associations, Claims, Disputes, Legal, Marine Insurance, P and I Clubs | Read More

Liner agent’s slip-up results in hefty fine by US Customs & Border Protection

Liner agent’s slip-up results in hefty fine by US Customs & Border Protection
International Transport Intermediaries Club (ITIC) has highlighted how a careless mistake by a liner agent resulted in the imposition of a fine of almost $300, 000 by the US Customs and Border Protection. The liner agent, working for a non-US carrier, correctly manifested a shipment of nine reefer containers...
November 12th, 2015 | Associations, Liner Shipping and Trade, Marine Insurance, P and I Clubs, Regulatory, Ship Agencies | Read More

Underwriters fall out with expert witness over valuation of fire-damaged vessel

Underwriters fall out with expert witness over valuation of fire-damaged vessel
International Transport Intermediaries Club (ITIC) has reported a case in which hull & machinery insurance underwriters instituted proceedings against a marine consultancy firm for alleged negligence in failing to properly review shipyard quotes in respect of the cost of repairing a fire-damaged...
October 12th, 2015 | Associations, Claims, Marine Insurance, Maritime Accidents, Safety and Security | Read More

Shipping experts identify realities of risk in ITIC panel debate

Shipping experts identify realities of risk in ITIC panel debate
Robert Hodge The need for proper training, sound risk management, and contractual expertise were among the issues identified as essential to commercial success in a panel debate following the annual board meeting of the International Transport Intermediaries Club (ITIC) in Athens on 24 September. The...
October 1st, 2015 | Associations, Education and Training, Events, Conferences,Forums and Symposiums, Marine Insurance, Maritime Education and Training, P and I Clubs | Read More

Chemical tanker owner fails in claim against agent for low-sulphur fuel costs

Chemical tanker owner fails in claim against agent for low-sulphur fuel costs
International Transport Intermediaries Club (ITIC) has reported a case in which the owner of a chemical tanker made an unsuccessful claim against a port agent for costs incurred in taking on additional low-sulphur fuel at a European port. The port agent was appointed by the owners of the chemical tanker...
September 15th, 2015 | Associations, Environment, Legal, Marine Insurance, P and I Clubs, Ports & Terminals, Ship Agencies | Read More

Brazilian ship agent wins ITIC-sponsored FONASBA Award

Brazilian ship agent wins ITIC-sponsored FONASBA Award
The FONASBA Young Ship Agent or Broker Award 2015, co-sponsored by International Transport Intermediaries Club (ITIC), has been awarded to Renan Quieroz of Wilson Sons Ltda, Brazil (pictured on the left). Aleksandra Obucina of Agent Plus D.o.o, Serbia, was also awarded a special ‘highly commended’...
August 18th, 2015 | Associations, Awards, Events, Conferences,Forums and Symposiums, HR | Read More