18/03/2013
22/03/2012
Shipbrokers arranged a sub-charter. As is often the case the main terms of the sub-charter were fixed with the details “otherwise as per as the head charterparty”. The sub-charterer asked for a copy of the head charterparty for...
A Norwegian shipbroker made a claim against their principal for the commission on two newbuildings. The principal had appointed the member as their exclusive broker. The broker introduced the principal to a shipyard but the...
Shipbrokers fixed a bulk carrier for a time charter of 90 days. The first voyage was via a port in Thailand where cargo was loaded for discharge at an African port. Unfortunately, during the outward passage, the ship...
27/09/2011
A broker was acting for the owner of a vessel trading in the Mediterranean. When considering an offer from charterers, which included the term “time from 1700 Thursday or a day preceding a holiday until 0800 hours next working...
28/09/2012
ITIC has seen an increasing number of claims on its shipbroking members relating to the receipt and forwarding of messages. The following claim demonstrates the importance of accurate record keeping and the need to reconfirm...
When a tanker broker arranged a voyage charter, the recap e-mail stated that the lump sum freight was inclusive of maintaining loaded temperature. The cargo description also stated “vessel to maintain loaded temperature”. There...
Shipbrokers notified ITIC of their concern about outstanding commission owed to them by time charterers, who were widely thought to be in financial difficulties. The charterparty provided that the time charterers were obliged to...
A chartering broker arranged a Contract of Affreightment (COA) between a Japanese owner and an American charterer (the first charterer). Under the terms of COA the owner had to offer one ship per month to the first charterer, who...
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