Ship agency

01/05/2014

Press Release: May 2014 - ITIC highlights risk of innocent ship agents being sued

ITIC has reminded ship agents and other shipping and transport intermediaries that, in today’s highly competitive industry, they run the risk of being sued even when they are not at fault.

28/04/2014

ITIC Circular: Fake agency accounts – warning

ITIC has become aware of a scam which has resulted in pre-funded port costs being diverted to a fake bank account.

29/10/2013

Press Release: October 2013 - ITIC issues warning on forged documents

ITIC has warned shipping intermediaries to be on the look-out for cleverly forged documents which could result in them being held liable for substantial claims by cargo interests. 

28/08/2013

ITIC Circular: Issuance of Switch Bill of Lading

What are "switch" bills of lading? “Switch” bills of lading are a second set of bills issued by the carrier (or by the carrier’s agent) in substitution for the bills of lading issued at the time of shipment....

ITIC Guidelines for the Release of Cargoes

Cargo is valuable, and parties not entitled to the goods attempt to obtain delivery. These parties often succeed due to the inattention and negligence of import clerks in ship agency offices. It is important that import clerks are properly trained and know where the areas of greatest risk are. The ITIC Guidelines are specifically designed assist in this task.

27/08/2013

Press Release: August 2013 - ITIC puts ship agents on alert over immigration crew scams

ITIC has warned its members about a recent spate of crew scams which threaten to involve unwary ship agents in significant financial loss and exposure to fines and penalties by immigration authorities.

16/08/2013

ITIC Circular: Crew Scam Warning

ITIC has a long history of issuing warnings on the subject of ship agents being used by unscrupulous migrant smugglers to move illegal immigrants around the world. This Circular was issued to all ship agency members in August 2013.

18/04/2013

Press Release: April 2013 - ITIC highlights value of diligent debt collection

ITIC has highlighted the value of diligently pursuing the collection of shipping industry debts in today’s difficult economic climate. In its latest Claims Review, ITIC notes that a shipbroker acting for charterers was owed...

17/04/2013

Podcast: April 2013 - Ship Agency and Shipbroking Loss Prevention seminar, Taipei, Taiwan - November 2012

In November 2012 Roger Lewis, Underwriting Director, and Andrew Jamieson, Claims Director, presented a loss prevention seminar to 70 ship agents and shipbrokers from the Taipei maritime community. This podcast is a recording of the seminar which covers loss prevention advice, claims examples and warnings for ship agents and shipbrokers. The podcast also features Roger explaining what professional indemnity insurance is, who ITIC insures and the debt collection services offered by ITIC.

12/11/2012

Ship agents count the cost of avoidable errors

International Transport Intermediaries Club (ITIC) has emphasised how avoidable errors can prove expensive for ship agents.