Introduction - ship management wire 2020

Welcome to this edition of The Wire, which focuses on ship management. ITIC hosted an interactive webinar on Wednesday 30th September 2020. The title was “protecting the ship manager" and you can view the recording by clicking here.

ITIC has provided insurance to ship managers for over 30 years and currently insures over 300 companies offering ship management services globally. As such, the team at ITIC has a deep understanding of both the risks faced by ship managers and the delicate balance of the commercial relationship with their clients. During this half an hour webinar, hosted in association with InterManager, speakers Charlotte Kirk and Robert Hodge, provide their insight on the types of claims faced and to how to avoid or minimise such liabilities. Topics included: increased owner costs arising from COVID-19, virtual robbery – business email and invoice fraud and claims against the manager when ships are returned to the owner.

This edition of The Wire contains a selection of the Ship Management International magazine articles referred to during the webinar and an article about the rule of six. We hope you will find these of interest.