Displaying results 481 to 490 out of 579
31/07/2001
Fraud, and particularly documentary fraud, is becoming increasingly sophisticated and even with the best systems in the world may not be detected. However, most of ITIC's Members are agents (in one form or another) whose duty is...
Staffgive staff proper training. give staff adequate remuneration. provide sufficient staff - overworked staff are less observant. check references for new staff. check that...
03/01/2000
A charterer invited tenders for a long term time charter. The Member, a ship broker, sent his principal’s bid via an industry message system to the charterers mailbox in the United States. The bid was, of course, commercially...
It is important that Members ensure that their systems can cope with the pressures upon them. A liner company introduced a system for worldwide container control. The Member was one of their agents and a single terminal was...
In order to meet a shipment deadline on a feeder service, cargo had to be booked by twelve noon. The agent, however, went out to lunch without checking his e-mail messages until his return at 2pm. The booking had been received in...
A ship broker was negotiating the details of a fixture directly with two principals. The final clause on an offer ended in two separate paragraphs, each of two lines. When the broker forwarded the message the system ignored the...
31/05/1999
A liner agent booked a reconditioned soft drink bottling plant packed in 16 containers from Rotterdam to India. The plant had been carefully dismantled, overhauled, and each component packed in numbered sequence for...
A seller instructed a sale and purchase broker to find a buyer for two sister ships “with both spare propeller and tail-shaft available”. The broker passed this to the buyer as “two sister ships for sale … both with spare...
When fixing a tanker to carry vegoil the charterer asked whether the tanks had been washed. The owner’s broker telephoned the charterer’s broker to inform him that the tanks had been “washed but not fresh water...
An Antwerp agent booked 83 containers of vegetable oil to Blantyre, but wrongly quoted the rate for Bloemfontein. The difference in freight amounted to US$ 250,000. The shipper (not unnaturally) accepted the quote and...