16/03/2015
13/03/2015
International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector.Having previously issued a warning about the fraudulent diversion of port expenses, ITIC says it is now seeing evidence of similar frauds being perpetrated across the wider marine industry. In a typical such fraud, the party due to make a payment will receive a bogus message altering the recipient’s bank details...
12/03/2015
ITIC issued a circular to Members in 2014 in relation to the fraudulent diversion of port expenses. Unfortunately ITIC is seeing evidence of similar frauds being perpetrated across the wider marine industry and advises all Members to be vigilant.
08/12/2014
This article, written by ITIC Claims Director, Andrew Jamieson, and Melanine Thomas, Account Executive appeared in the Shipping Network magazine.
18/11/2014
OW Bunker A/S the global marine fuel company filed for bankruptcy on the 7th November 2014 and reported two senior employees for fraud. The company had operations in 29 countries, and as one of the world’s largest independent bunker logistic companies had an estimated global market share of 7%. The UK Defence Club have compiled a FAQ relating to OW Bunkers to assist Members.
11/11/2014
ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality agreements which restrict their ability to do business.
16/10/2014
ITIC Members requiring general information about the Ebola virus are advised to visit the Ebola resources page on the UK P&I Club website.
01/10/2014
ITIC's Year Book 2014 is now available to read online.
This autumn edition of the Claims Review is published to coincide with the September 2014 meeting of ITIC's Directors in Bremen, Germany.
17/09/2014
The intrepid ITIC, Puff the Negligent Dragon, boat team set off for the London Watersports Centre on a balmy September evening for the inaugural OSCAR dragon boat races. We were one of 26 teams all racing to raise money for Great Ormond Street Hospital, OSCAR campaign. Our fellow competitors were all from the maritime community and included Clarksons, Steamship Mutual, JLT, SOP, West of England and Ince, to name a few.
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