News & Events

13/12/2024

Press release: Significant port cost miscalculation leads to a six-figure loss covered by ITIC

In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, ITIC has settled a US$140,000 claim resulting from an error in calculating port charges.

12/12/2024

The Wire: ITIC Europe

Welcome to the latest edition of The Wire focusing on ITIC Europe – ITIC’s new subsidiary based in Limassol, Cyprus. In September 2023, ITIC Europe was launched to extend ITIC's services to European members affected by Brexit.

03/12/2024

The Wire: focus on Germany

This edition delves into the complexities of the European Union Emissions Trading System (EU ETS), offering crucial advice for ship managers on navigating the risks and liabilities.

02/12/2024

ITIC circular: UK P&I Club N.V. portfolio transfer of insurance business to ITIC Europe

UK P&I Club N.V. Portfolio Transfer of Insurance Business to International Transport Intermediaries Insurance Company (Europe) Ltd.

21/11/2024

Webinar: Navigating stormy waters: hot topics in ship management

ITIC is hosting a webinar on Wednesday 11th December at 10:00 (London time). This 30 minute webinar is essential viewing for all ship managers and marine insurance brokers.

19/11/2024

ITIC circular: Portfolio transfer

We are writing to you to inform you of the proposed portfolio transfer of certain parts of the insurance and reinsurance business of UKNV to ITIC Europe (ITIC Europe together with UKNV are referred to as “Applicants”).

14/11/2024

The Wire: Know Your Client

The newest edition of the Wire is available to read now.

13/11/2024

Press release: Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

A shipbroker's failure to identify conflicting laycan clauses in a voyage charterparty led to a complex dispute and a US$100,000 claim, which ITIC has reimbursed.

07/11/2024

Save the date: ITIC's 100 year party!

Thursday, 25th September 2025 at Christ Church, Spitalfields, London. More details to follow in early 2025.

29/10/2024

Press release: Shipbroker settles for $380,000 after failing to disclose voyage restrictions, sparking arbitration dispute

An arbitration dispute highlighted in the latest Claims Review by International Transport Intermediaries Club (ITIC) has concluded with a shipbroker settling a $380,000 claim.

29/10/2024

Event: Singapore ship management clinic

ITIC is delighted to invite you to a seminar designed for all ship and crew managers entitled ‘the ship management clinic.' The clinic will be delivered in both a lecture and a forum style, where managers can openly discuss ongoing issues and learn how their peers are addressing these challenges.

17/10/2024

ITIC circular: Sanctions against Russia

As per the government’s press release of Thursday 17th October 2024 "the UK unleashed the largest package of sanctions to date against Putin’s shadow fleet of oil tankers.18 more shadow fleet ships will be barred from UK ports...