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01/03/2007
Over the years, ITIC has arrested many vessels in order to recover outstanding debts for Members. Where an undisputed debt is involved the majority of arrests result in the debt being paid immediately by the vessel’s owner or...
A shipbroker fixed a vessel to carry soya from Argentina with a choice of two discharge ranges: Eastern Mediterranean and Middle Eastern Gulf. While the vessel was loading, the receivers advised that the discharge port was...
01/01/2007
A broker in northern Europe was appointed by the owner to exclusively market a tanker. A voyage charterparty was arranged for the carriage of 20,000 metric tonnes of vegetable oil from the US Gulf to the Mediterranean....
A sugar trader booked a part cargo of 6,000 mt bagged sugar at Durban for Aqaba for on-selling to Iraq, where there was a severe sugar shortage. The charterparty contained the clause “first in/last out” which normally means the...
Failure to properly clause bills of lading can cause many different problems. One example of this is a failure to make it clear that cargo is not loaded under deck. Ten containers of expensive electronic equipment were shipped...
ITIC has, over the years, paid out large sums in respect of claims for damage to refrigerated cargo due to mistakes by ship agents in passing information on temperatures. However, in carrying cargo, it is not only the temperature...
A ship agent in the Far East booked four packages of spare parts and materials for a road construction project for an East African port. The packages were stowed on deck by the carrier and the mate’s receipt was marked...
A North American ship agent acted for a shipping line over a twelve year period. During the period of the agency, the agent had paid local suppliers on behalf of the line, but was not reimbursed until many days later. The line...
A ship owner demanded that a ship agent in West Africa sign a Letter of Indemnity in his favour before the ship arrived at the port. The Letter of Indemnity was, according to the ship owner, a requirement of the ISPS Code and...
21 forty foot containers of acetate tow on pallets arrived at a US port from Brazil. The shipping line instructed their US agent to arrange for the pallets to be unstuffed from the line’s containers and reloaded into containers...