Professional indemnity cover for shipping professionals is provided by International Transport Intermediaries Club (ITIC). It covers claims of negligence, errors and omissions and can extend to specialist areas like directors' and officers' insurance, debt collection, commission income, loss of management fees, cash in transit and cargo liability insurance.www.itic-insure.com
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In 1914, a single ship passed through the Panama Canal to little fanefare bringing to fruition a multinational effort that began 44 years prior, this article looks at the brief history of the canal and some claims considerations.
Australia: COVID-19 Update
Members are advised that effective 12:00pm, Thursday 22 July, South Australia transitioned from a 'low risk' state to a ‘medium risk’ state, advance warning of a FIC has also been given which will run in Australia from 1 August to 31 September 2021 to determine the level of compliance with the safety of navigation requirements of International Conventions and familiarity of the masters and officers with their processes for ensuring safety of navigation.
As part of the celebrations, the Club organised a competition, “Investing in a Safer Tomorrow” which challenged a new generation of young seafarers and upcoming shipping professionals from around the world to identity fresh safety initiatives. Over 200 entries were received – the winner and the finalists are honoured here in this commemorative book.