8 points to consider before you sign a bill of lading
To the casual onlooker, signing a bill of lading may be a routine, day to day mundane job done by many people across the world.. But the fact is that … Read more..
Marine Insurance
All posts and discussions relating to Marine Insurance and cargo claims etc..
Containers lost at sea..!!!! Why it happens and what to do when it happens..
As part of global trade, in 2016, approximately 130 million containers packed with cargo with an estimated value of more than $4 trillion were shipped around the world.. As per … Read more..
The impact of extreme weather on contracts of carriage
This interesting insight on the impact of extreme weather on contracts of carriage has been reproduced from Gard..
Will you please pack your container properly..!!
Will you please pack your container properly..!! I can hear this cry loud and clear from many Insurance companies, P&I Clubs, Transporters, Importers and Shipping Lines and all within good … Read more..
Impact of insurance on Express Bill of Lading
Insurance is a very important item in any business transaction.. Shipping is no different.. Will there be any impact on the insurance cover taken if the bill of lading issued … Read more..
Post fixture clause for shipbrokers
ITIC has recommended that brokers place a post-fixture clause at the end of recap messages in order to reduce the chances of exposure to severe financial loss as a result … Read more..
Liability of the freight forwarder on Abandoned Cargo
If a cargo has been abandoned at the destination, is the freight forwarder that booked the cargo responsible or liable to the shipping line..?? Let’s see the answer to this … Read more..
Please support ITIC in the OSCAR charity Dragon Boat Race
On Tuesday 16 September, the inaugural OSCAR campaign Dragon Boat Race will unite members of the international shipping community for a fantastic afternoon on the water.. Please support ITIC in … Read more..
Seaworthiness of Containers
Sharing another useful article from NAU Pte Ltd (“NAU”), a claims correspondent/consultancy firm based at Singapore dealing with Transport Liability, P&I and H&M Claims, about Seaworthiness of Containers.. Hope this … Read more..
A Chinese company has defrauded me.. Who can help me..??
A Chinese company has defrauded me.. Who can help me..?? Seems to be a very popular question/issue within the international trading arena.. Is there a solution or recourse to the … Read more..
Incoterms, transfer of risk and title to sue
Incoterms, the transfer of risk and the title to sue are some of the issues that are discussed at length and detail across many platforms.. There is however a great … Read more..
Responsibility of buyer and seller in the case of cargo damage
At some stage of shipping, many buyers and sellers have gone through this question.. There has been cargo damage – who should be held responsible.. Who was supposed to check … Read more..
Can an insurance company assist a freight forwarder in case of lost bill of lading..??
If an Original Master Bill of Lading is lost by a Freight Forwarder, will his insurance company provide cover or assistance in securing a bank guarantee..??
General Average – an introduction
In the unpredictable industry of Shipping, it is always prudent for one to be comprehensively covered against all exigences.. This article discusses about one such exigency which is General Average..