Ship agency

29/07/2020

Press release: Port agents should keep principals informed of increased costs to avoid payment delays, says ITIC

International Transport Intermediaries Club (ITIC) warns port agents to inform their regular principals of port fee and tariff increases, even if the details are in the public domain. This will avoid disputes as well as delayed reimbursement payments.

08/04/2020

Press Release: ITIC warns of issues with receiving original bills of lading

As the world continues to face lockdowns due to the Coronavirus outbreak the International Transport Intermediaries Club (ITIC) has issued advice that warns port agents of issues with receiving original bills of lading.

31/03/2020

ITIC circular: issues with receiving original bills of lading

During this extraordinary time of lockdowns around the world, there will be issues with receiving the original bills of lading. Port agents may be asked by consignees to deliver goods to them without providing a bill of lading in return.

06/11/2019

Press Release: ITIC reminds agents to beware of bankruptcies

ITIC, the International Transport Intermediaries Club, is seeing an increasing number of ship agents becoming exposed to the fall-out from the bankruptcy of their principal.

15/10/2019

Press Release: Agents encouraged to act quickly on shippers’ instructions, warns ITIC

ITIC warns agents to respond to shippers’ requests in good time, or face the possibility of financial penalties.

04/06/2019

Press Release: Failure to incorporate terms and conditions could find shipping out of its depth

International Transport Intermediaries Club (ITIC) has warned its members of the need to incorporate terms and conditions into their business dealings in order to limit their potential exposure to liability.

05/04/2019

Press Release: ITIC says simple checks will defeat shipping industry fraudsters

International Transport Intermediaries Club (ITIC) says ship brokers and agents are among those most at risk of exposure to fraud in the shipping industry, and urges them to carry out simple checks in order to protect themselves.

29/01/2019

Press Release: ITIC e-learning video highlights dangers of switch bills of lading

International Transport Intermediaries Club (ITIC) has produced an e-learning video for ship agents on the use of ‘switch bills of lading’, a second sets of bills used as a substitute for the original bills of lading issued at time of shipment.

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.

20/12/2017

Press Release: ITIC warns about re-emergence of people-smuggling scam

International Transport Intermediaries Club (ITIC) has warned ship agents about the re-emergence of a scam whereby they are being used by people-smugglers to cover the movement of illegal migrants.