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25/03/2020
A UK based naval architect was appointed by a shipyard in the USA to design a vessel, of which more than one was due to be built.
A ship manager was appointed as a new building supervisor by an owner in respect of two ships they had under construction in a Chinese yard with the intention that they would become the managers of both ships upon delivery.
When reaching the final stages of a negotiation for the charter of a ship trading from the Black Sea to Spain, a ship broker applied laytime provisions which had recently been used in a previous fixture where NOR was tendered in China.
A ship was being fixed to transport a cargo of caustic soda.
A ship agent manifested cargo incorrectly due to converting the weight into the wrong unit of measurement.
ITIC has been receiving an increasing number of reports of fraudulent invoices being submitted to vessel owners and managers for medical testing services following the outbreak of the coronavirus.
If you have any claims related questions or queries please let us know on askeditorCR@thomasmiller.com and we will do our best to answer them in the next...
14/11/2019
Commercial managers need to be fully aware of all limitations which ships under their management have, as regards to carriage of particular cargoes and, furthermore, must pay careful attention to the detailed description of...
In many trade contracts, where the specification of the product is important, buyers and sellers will often agree that the quality will be determined by an independent expert and that the expert’s findings shall be “final and...
One of the benefits of insurance with ITIC is the cover provided for defence costs. As a naval architect you could receive a claim from a vessel owner for a case you worked on even if you were not negligent in your design. The...