Ship agency

11/11/2015

Press Release: November 2015 - Liner agent’s slip-up results in hefty fine by US Customs & Border Protection

International Transport Intermediaries Club (ITIC) has highlighted how a careless mistake by a liner agent resulted in the imposition of a fine of almost $300,000 by the US Customs and Border Protection.

01/10/2015

Press Release: October 2015 - Shipping experts identify realities of risk in ITIC panel debate

The need for proper training, sound risk management, and contractual expertise were among the issues identified as essential to commercial success in a panel debate following the annual board meeting of the International Transport Intermediaries Club (ITIC) in Athens on 24 September. The panel, moderated by ITIC’s underwriter for Greece, Robert Hodge, and comprising Tim Jones of Barry Rogliano Salles (BRS), Bob Bishop of V Ships, Bjorn Tonsberg of Wilhelmsen Ships Service and Paul Herring of Ince & Co, was asked to debate The Realities of Risk, and what kept them awake at night.

15/09/2015

Press Release: September 2015 - Chemical tanker owner fails in claim against agent for low-sulphur fuel costs

International Transport Intermediaries Club (ITIC) has reported a case in which the owner of a chemical tanker made an unsuccessful claim against a port agent for costs incurred in taking on additional low-sulphur fuel at a European port.

18/08/2015

Press Release: August 2015 - Brazilian ship agent wins ITIC-sponsored FONASBA Award

The FONASBA Young Ship Agent or Broker Award 2015, sponsored by International Transport Intermediaries Club (ITIC), has been awarded to Renan Quieroz of Wilson Sons Ltda, Brazil. Aleksandra Obucina of Agent Plus D.o.o, Serbia, was also awarded a special ‘highly commended’ award for his submission.

08/04/2015

ITIC sponsors FONASBA Young Ship Agent or Ship Broker Award

FONASBA has launched its newest education initiative, the Young Ship Agent or Ship Broker of the Year award. The competition is open to anyone aged 40 years or younger who is employed by a company member of a FONASBA national association or a Club or Associate member organisation.

13/03/2015

Press Release: March 2015 - ITIC warns on fraudulent diversion of funds

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...

08/12/2014

ITIC IN THE NEWS - Don’t take amendments at face value - article from the ICS Shipping Network magazine

This article, written by ITIC Claims Director, Andrew Jamieson, and Melanine Thomas, Account Executive appeared in the Shipping Network magazine.

04/12/2014

Press Release: December 2014 - ITIC says careless errors result in claims against ship agents

Careless errors by ship agents are resulting in costly claims, according to ITIC.

18/11/2014

FAQs relating to OW Bunkers

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.

16/10/2014

ITIC Circular: Ebola Virus

ITIC Members requiring general information about the Ebola virus are advised to visit the Ebola resources page on the UK P&I Club website.