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ITIC (International Transport Intermediaries Club)
ITIC boosts 2025 continuity credit to support members amid global economic uncertainty
[15 April 2025] – [London, UK] – In a bold show of support for its members during a time of increased global economic uncertainty, International Transport Intermediaries Club (ITIC) is…
London, UK – [12 December 2024] – In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, ITIC (International Transport Intermediaries Club) has settled a…
ITIC underscores importance of vessel design reviews following recent $5 million claim
[04 April 2024 – London] – International Transport Intermediaries Club (ITIC) has highlighted the importance of robust vessel design reviews and related insurance coverage throughout the construction process following a recent…
International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Union’s (EU’s) new Emissions Trading Scheme (ETS) to the shipping industry could be in the billions. The…
International Transport Intermediaries Club (ITIC) – a mutual insurer which provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries – has appointed Jeff…
ITIC covers US$ 94,000 in fees after Panama Canal authorities deny cancellation request
ITIC has reimbursed a ship agent US$ 94,000 after their request to cancel a slot they booked by mistake for transit through the Panama Canal was denied. The ship agent…
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…
ITIC obtained overdue payment of a shipbroker member’s commission which the seller had refused to pay despite the successful completion of the sale and purchase of a ship. The shipbroker…
Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC
Counterfeit invoices and fake emails continue to plague our industry, cautions ITIC ITIC – International Transport Intermediaries Club – has issued a number of warnings on the increasing prevalence of…
ITIC warns on the importance of checking crew COVID-19 tests ITIC – International Transport Intermediaries Club – highlights the importance of thoroughly checking the results of crew COVID-19 tests in…
The phone remains a useful weapon against fraud, advises ITIC Cyber-crime connected with fraudulent demands for payments continue to plague the maritime sector as a large claim handled by the…
FAILURE to keep a proper onboard record of regulatory and legislative changes can have costly consequences for shipowners and their intermediaries, as evidenced by a claim recently handled by International…
International Transport Intermediaries Club (ITIC) and the Admiralty Solicitors Group (ASG) have launched a new surveyors’ indemnity wording designed to address the imbalance between owners’ and surveyors’ responsibilities typically encountered…