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04/12/2018

Press Release: ITIC warns on the potential cost of being an expert

International Transport Intermediaries Club (ITIC) has warned that the role of expert witness should not be undertaken lightly and that all professionals acting in this capacity should be aware that they could face legal action for negligence.

29/11/2018

Press Release: ITIC warns on the potential cost of being an expert

International Transport Intermediaries Club (ITIC) has warned that the role of expert witness should not be undertaken lightly and that all professionals acting in this capacity should be aware that they could face legal action for negligence.

07/11/2018

Press Release: Owner claims against manager for failure to update ballast water management plan

Failure to keep a proper onboard record of regulatory and legislative changes can have costly consequences for shipowners and their intermediaries, as evidenced by a claim recently handled by ITIC.

05/11/2018

ITIC circular: Iranian sanctions

Please note that following the US decision to pull out of the JCPOA, US secondary sanctions have snapped back into place (primary sanctions were never lifted).  The sanctions snapped back in two parts - 90 days and 180 days. The 90 day snap back was 7 August 2018 concerning metals, money and cars.

26/10/2018

ITIC circular: Brexit update October 2018

In December 2017, a circular was sent to all members and brokers explaining that ITIC would need to make arrangements in order to continue to trade in Europe after Britain’s exit from the EU. ITIC is committed to continuing to do business in Europe post Brexit as, approximately, 30% of the membership is in EU27. We will ensure that after Brexit, ITIC’s members in the EU will continue to receive the high quality product and service to which they have become accustomed.

06/08/2018

Press Release: Ship agent liable for negligence leading to excessive dunnage disposal charges

International Transport Intermediaries Club (ITIC) has recently reported a dispute in which a ship agent in Australia was held liable to its shipowner principal for excessive charges demanded by a contractor for the disposal of dunnage and other materials related to the packing of cargo.

31/07/2018

Ship Management International column July/August 2018 - Managers face diverse nature of exposures to liability

The following article appeared in the July/August 2018 edition of Ship Management International.  Stuart Munro explains why ship managers need to be prepares for the unexpected.

26/06/2018

Press Release: ITIC helps ship manager successfully refute owner’s allegation of negligence

International Transport Intermediaries Club (ITIC) has successfully defended a ship manager against allegations of negligence made by a shipowner following the loss of a lifeboat overboard.

01/06/2018

Press Release: Broker liable for fixture error leading to damages in rising market

International Transport Intermediaries Club (ITIC) recently helped a shipbroker reduce its level of exposure to claims from a charterer for damages and loss of profits in a rising market, following a failure to pass on fixture options correctly.

21/05/2018

ITIC circular: Implementation of the General Data Protection Regulation (“GDPR”) – general guidance to members

The General Data Protection Regulation (GDPR) will come into force on 25 May 2018 and will have direct effect in the European Union (EU), including the United Kingdom (UK) and the European Economic Area (EEA).

02/05/2018

Press Release: ITIC helps limit naval architect’s exposure after survey vessel capsizes

In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which was deemed to be unstable.

31/03/2018

Ship Management International column March/April 2018 - Watch out, there's a thief about!

The following article appeared in the March/April 2018 edition of Ship Management International.  Charlotte Kirk explains why it may be worthwhile that ship managers review their business systems and controls as a way of minimising the risk of fraud.

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