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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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.
Several factors, such as inadequate dredging, ice accumulation, or even scheduled lock maintenance, that impact one part of the system can create ripple effects throughout the maritime system as a whole, resulting in possible vessel damage or shipping bottlenecks.