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11/09/2015

A number not a letter

A commercial manager sent vessel details to a port agent in the Far East. The agent needed the details to complete an advance declaration to the port authorities. The vessel name ended with the numeral one. When sending the message the commercial manager typed the name using a capital letter “I” rather than number “1”. The agent repeated this in the documentation sent to the authorities.
Angry birds

11/09/2015

Angry birds

A safety auditor was engaged by an oil & gas exploration company to conduct a routine operational safety audit of an air charter operator. The client was particularly interested in the safety performance of the operator’s two turbo-prop aircraft. On arrival at the operator’s base, the auditor was advised that one turboprop was undergoing routine maintenance at a maintenance repair and overhaul (MRO) facility in Canada.

11/09/2015

Two different ways to collect commission

The following describes two different ways in which ITIC’s actions secured payment of outstanding commission. In both cases the commission was undisputed but the owners unreasonably delayed payment.

11/09/2015

Lost bill

A cargo receiver presented to a ship agent’s office an original bill of lading in respect of a parcel of Methyl tert-butyl ether (also known as MTBE). After acknowledging receipt of the bill of lading, the receptionist failed to pass it to the person in charge (PIC) of the particular vessel’s call. The document was mislaid.

11/09/2015

Expert failings

It is four years since the English Supreme Court held that expert witnesses involved in legal proceedings no longer enjoyed protection from liability for negligence. This is a case of a global marine consultancy firm which was engaged as experts by the underwriters of a hull & machinery policy. 

11/09/2015

What cost cover?

A ship broker was negotiating a voyage charter with an East African discharge range. The charterers were concerned about the potential costs of additional piracy cover which, if applicable, was to be for their account. The broker discussed the costs with owners and a lump sum of US$ 150,000 was agreed. The broker reported back to the charterers that they had “an East Africa clause” limiting the cost. A clause was inserted into the main terms recap “plus lump sum US$ 150,000 all inclusive for piracy cover”. Both owners and charterers agreed the recap.

11/09/2015

What fuel?

A port agent was appointed by the owners of a chemical tanker to attend a vessel in respect of a call at a European port. As the agent did not have an office at that particular port, they engaged their usual sub-agent to assist locally.

12/03/2015

Beware of fraud

More and more cases of fraud are being reported to ITIC. Fraudsters use brokers, agents and ship managers as a vehicle for crime. The result leaves them exposed to a liability as a result of somebody else’s dishonesty.

12/03/2015

A general guide to ship managers’ undertakings – an ITIC e-learning seminar

ITIC’s ship management Members have expressed concern when they are being asked to sign letters of undertaking. As such, ITIC have often been asked to provide advice and commentary. To answer some of the more general questions, ITIC has produced an e-learning seminar to highlight some of the issues to consider.

12/03/2015

ITIC Post fixture Clause

ITIC has recommended a post fixture clause for brokers to place at the end of recap messages. The following wording was endorsed by FONASBA at its annual general meeting in Gothenburg in October 2014: 

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