The Intermediary - September 2002

This early edition of The Intermediary contains the folowing chapters: Whose agent am I, The insurance market subsequent to 9/11, The Common Agricultural policy, Misdirected arrows - ignore them at your peril, Best Endeavours, Agreeing to Differ, The ISM Code - Episode 2, Read the Bill of Lading!

The Intermediary - September 2002

02/09/2001

Welcome

The role of the intermediary is often blurred, especially in these times of increased commercial pressures, and “whose...

01/09/2002

Whose agent am I?

Shipbrokers and ship agents can be placed in a position where it is not clear who they are acting for. The classic...

01/09/2002

TRADE PROHIBITIONS WITH U.S. EMBARGOED COUNTRIES

There have recently been a number of situations reported to the Club where the Member has encountered difficulties due...

01/09/2002

The Insurance Market subsequent to September 11th

The terrorist attack on the World Trade Centre (WTC) in September last year changed perception across most aspects of...

01/09/2002

Snakes and Ladders

After forty years in the industry, Gordon McMillan, managing director of Dublin-based Leinster Shipping (Agencies) Ltd.,...

01/09/2002

More developments @ www.ITIC-insure.com

Since it’s re-design in November 2001, the Club’s website has received thousands of visitors. Feedback, both directly...

01/09/2002

The Common Agricultural Policy

…a problem for ship agents, not just governments ITIC Members in Europe need no introduction to the Common Agricultural...

01/09/2002

It takes two...

A conference for P&I Club correspondents was held in Bristol in September 2001. Among the many subjects discussed over...

01/09/2002

SINGAPORE LEGAL UPDATE

New legislation will help shipbrokers to collect commission In the last two editions of the “Intermediary“ we have...

01/09/2002

Misdirected arrows - ignore them at your peril!

ITIC Members (particularly ship agents and ship managers) are regularly sued in addition to, or even instead of, the...

01/09/2002

“Best endeavours“

...ITIC's approach ITIC makes it a condition of its insurance that its crew management Members use their best...

01/09/2002

Derivative Developments

Suzanne Starbuck of Merlin Corporate Communications charts the development of Forward Freight Agreements (FFAs) in the...

01/09/2002

The ISM Code – Episode 2

ISM Implementation Phase One The first major worldwide implementation of the ISM Code rolled over the shipping community...

01/09/2002

Read the Bill of Lading!

A WARNING FOR AGENTS ABC Agency Co were the agents in China for an NVOC based in Washington State, USA which operated a...

01/09/2002

Is it time to cut up your rubber stamps?

It is time for ship agents to examine the rubber stamps they use when signing bills of lading and consider destroying...

01/09/2002

MEDIATION - Recent developments

The last issue of the “Intermediary“ contained an article on mediation. Since that article was published there have been...

01/09/2002

London market to revise hull insurance clauses

ITIC’s shipmanagement Members should be aware that underwriters in the London market are in the process of revising the...

01/09/2002

New FONASBA form

The new FONASBA (Federation of National Associations of Shipbrokers and Agents) Standard Liner and General Agency...

01/09/2002

Instant messenger systems

A number of shipbroker Members have asked the Managers for their views on the use of instant messenger systems, such as...

01/09/2002

Money laundering

A number of Members who are sale & purchase brokers have approached us to report that banks are expressing a reluctance...

01/09/2002

The Institute of Chartered Shipbrokers revises its standard trading conditions

The Institute of Chartered Shipbrokers (ICS) has updated its standard trading conditions. The new 2002 version received...

01/09/2002

Going Dutch

Radio Netherlands interviews - Julia Mavropoulos ITIC’s circular titled “Ship Agents Beware! The ship calling for a crew...

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