Ship management

27/09/2009

ITIC urges shipmanagers to review their liability limitation provisions

Ahead of an impending revision of the standard industry shipmanagement agreement, the International Transport Intermediaries Club (ITIC) has urged shipmanagers to limit their liability to a sum which reflects the growing...

25/08/2009

ITIC warns shipmanagers on lay-up liability

The International Transport Intermediaries Club (ITIC) has urged its shipmanager members to seek legal advice before entering into any contracts with owners relating to the laying-up of vessels. ITIC says there has been a...

16/12/2008

ITIC warns shipmanagers about liability for signing purchase orders

The International Transport Intermediaries Club (ITIC) says suppliers of goods and services in the marine industries are increasingly turning to shipmanagers for settlement of their bills when shipowners fail to pay. Accordingly,...

Signing off on purchase orders as 'agents only' (Ref 0208)

This circular was originally issued in 2008, but this advice still remains valid in 2020: Our Ref: 0208 December 2008 To: Ship manager members of ITIC and their insurance brokers Ship...

03/11/2008

Limitation of liability in a ship management contract subject to Italian law and jurisdiction

Our ref: 0108 15 November 2008 To: Ship management members of ITIC in Italy, Monaco and Switzerland and their brokers Limitation of liability in a ship management contract subject to Italian law and jurisdiction Under...

28/03/2008

Failure to consider off-hire provision proves costly for ship manager

An indication of how parties to shipping contracts can incur substantial losses in a fluctuating market, as a result of insufficient attention to contractual detail, is provided in the latest Claims Review from the International...

02/11/2007

ITIC help avoid attempted crew scam (Bulletin)

The International Transport Intermediaries Club (ITIC) has uncovered what appears to have been an attempt by an individual to gain illegal entry into the UK by using the services of a ship agent.The ship agent, based...

31/05/2004

ISPS Code - Impact of the ISPS code on members of ITIC

All companies involved in shipping will be aware that on 1st July 2004 the International Ship and Port Security Code has been implemented. At this stage no-one can be sure exactly what effect this will have but it is clear that...

31/03/1998

The ISM Code and Ship Managers (Circular 01/04/98)

Our Ref: 97/05 April, 1998 To: Ship managers and their insurance brokers The International Safety Management Code (ISM) is a mandatory provision under the terms of the SOLAS Convention 1974. The Code is concerned with the...