S&P affirms UK P&I Club’s A rating – confirms “very strong” capital but changes outlook On 30th October 2020 ratings agency Standard & Poor’s released a research update on the…
Thomas Miller
WISTA UK – Autonomous Shipping — Small Steps not a Giant Leap
WISTA UK – Autonomous Shipping — Small Steps not a Giant Leap The paraphrasing of Neil Armstrong’s words some fifty years ago sums up one visionary’s thoughts on the impact…
TT Club Reports a Stable Performance Despite Challenging Conditions
Leading Insurance provider to the international freight transport industry, TT Club has published a mid-year trading update for the eight-month period 1 January – 31 August 2015. London, 8 October,…
Chemical tanker owner fails in claim against agent for low-sulphur fuel costs
International Transport Intermediaries Club (ITIC) has reported a case in which the owner of a chemical tanker made an unsuccessful claim against a port agent for costs incurred in taking…
TT Club warns Baltic ports to protect against reputational damage
Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the…
ITIC warns on fraudulent diversion of funds
International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector. Having previously issued a warning about the fraudulent diversion of port expenses,…
ITIC survey highlights high cost of English litigation for shipbrokers
A survey of London solicitors by ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts. ITIC gave a panel of London…
ITIC has highlighted the value of diligently pursuing the collection of shipping industry debts in today’s difficult economic climate. In its latest Claims Review, ITIC notes that a shipbroker acting…