ITIC
EU ETS will cost the shipping industry billions
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International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Union’s (EU’s) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions. … |
https://maritime-professionals.com/eu-ets-will-cost-the-shipping-industry-billions/
ITIC Alerts Industry Of Lading Errors
The International Transport Intermediaries Club (ITIC) has urged shipowners, charterers and brokers to be vigilant in reviewing bills of lading (BoL) for potential errors or oversights, says an article published on their website.
Three-way splitIn the latest edition of the Claims Review, which is a collection of recently closed claims, ITIC highlights a case where errors on updated bills of lading resulted in an oil cargo being collected by the wrong consignee and a...
Pastry Debacle: ITIC Pays Out €30,000 After Temperature Error
ITIC has reimbursed a ship agent €30,000 after the member had to make a payment on behalf of the carrier for the latter’s liability to a consignee for the total loss of its pastry shipments which were transported at an incorrect temperature due to the agent’s mistake, reads an official press release.
Liability to a consigneeA 40ft reefer container carrying 12 tons of frozen pastry and baking dough in pallets was booked to be transported from Europe to the Middle...
https://mfame.guru/pastry-debacle-itic-pays-out-e30000-after-temperature-error/
Crew Change Crisis Exploited, Warns ITIC
ITIC has warned its ship and port agent members to be aware of people traffickers, says an article published in Seatrade Maritime News.
Illegal immigrantsThe International Transport Intermediaries Club (ITIC) has warned its ship and port agent members to be aware of people traffickers attempting to smuggle illegal immigrants through ports.
Pretend to be shipping companiesThe traffickers operating through legit agents provide a cover for their illegal operations.
They pretend to be shipping...
ITIC Warns of Issues With Receiving Original Bills of Lading
- As the world continues to face lockdowns due to the Coronavirus outbreak the International Transport Intermediaries Club (ITIC) has issued advice that warns port agents of issues with receiving original bills of lading.
- The consignee may claim that they have not received the bill of lading from the shipper or cannot present it to the port agent because of lockdown.
- In the instance that the original bills of lading remain with the load port agent ITIC recommends that its previously published “Te...
http://mfame.guru/itic-warns-of-issues-with-receiving-original-bills-of-lading/
ITIC alerts on fraudulent invoices concerning coronavirus testing
The International Transportation Intermediaries Club (ITIC) alerts members and the shipping industry of the increased reports of fraudulent invoices concerning medical testing services following the COVID-19 (coronavirus) outbreak.
Specifically, ITIC informed that they have been receiving a number of reports of fraudulent invoices being submitted to vessel owners and managers for medical testing services following the outbreak of the coronavirus.
Therefore, the Club highlights that fraudulent...
https://safety4sea.com/itic-alerts-on-fraudulent-invoices-concerning-coronavirus-testing/
Appointment of Armed Guards Not Mandatory
The terms of the charterparty for a tanker entering West African waters provided that armed guards were to be appointed at the charterer’s expense but the charterers refused to pay the invoice, says an article published in ITIC.
What happened?A ship manager was managing a tanker entering West African waters. The manager believed the terms of the charterparty provided that armed guards were to be appointed at the charterer’s expense.
The manager duly appointed the guards for the voyage at a cost...
http://mfame.guru/appointment-of-armed-guards-not-mandatory/
Failure to check charterparty wording catches ship manager off guard
Failure to check charterparty wording catches ship manager off guard
International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.
By way of illustration, ITIC cites the case of the manager of a tanker entering West African waters who believed that the terms of a charterparty provided that armed guards were to be appointed at the...
ITIC: Simple Checks Will Defeat Shipping Industry Fraudsters
International Transport Intermediaries Club (ITIC) says shipbrokers and agents are among those most at risk of exposure to fraud in the shipping industry and urges them to carry out simple checks in order to protect themselves. In the latest issue of its Claims Review, ITIC cites the case of a shipbroker which received an emailed freight invoice from an owner for $120,000. The bank account detailed in the invoice was the same as that previously used by the owner but, several hours later, a...