Get a quote
Fill in the relevant proposal form to receive a quote.
Make a claim
Guidance on how to report a claim.
Talk to our experts
Contact us at ITIC.
+44 (0)20 7204 2928
When one of the branch offices of a multinational ship agent contacted the Club in respect of a large outstanding disbursement account, the ship concerned was tracked and arrested. The owners paid up immediately, and the ship was released. Although the Club had asked the agent to check that there were no further outstandings due on the ship from other branches, two days after the release of the ship the Club was contacted by another branch of the same multinational agent reporting an outstanding amount on the same ship. The Club therefore had to re-arrest her. The Member was lucky that the ship could be re-arrested. Had the Member's offices used the Credit Management Information Centre, the Club would have been able to co-ordinate matters with the two separate offices and arrest the ship only once.