ITIC Launches Terms for Surveyors and Consultants

Thursday, February 13, 2003
Despite most companies in the transport and shipping industries having their own trading terms and conditions, very few surveyors and consultants follow suit. In a bid to encourage them to adopt their own conditions, the International Transport Intermediaries Club (ITIC) has launched its Standard Terms for Surveyors and Consultants. Available to all ITIC members free of charge, and downloadable from www.itic-insure.com, ITIC's standard terms offer surveyors and consultants a variety of draft clauses covering issues such as payment terms, obligations and responsibilities, liability, indemnity, insurance, right to sub-contract, time bar and jurisdiction and law.

"There are many benefits to having trading terms and conditions in place," explains Julia Mavropoulos, claims director at ITIC. "Not only can they help protect you in the event of a claim against you, they can also help assist you when making a claim yourself. While in the majority of cases business goes ahead smoothly, on those rare occasions when a dispute arises, having trading terms and conditions in place could prove vital." As with all contractual terms, it is important that users ensure they are properly incorporated into their dealings with other parties. ITIC urges members to seek advice from their usual legal advisor prior to use of any new trading terms and conditions.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

TMR Unit MarCom Integrates with MCP

Telenor Maritime Radio’s (TMR) business unit for the commercial maritime communications market, MarCom, integrates with Maritime Communications Partner (MCP).   The internal transfer in Telenor,

Petronas to Deliver LNG from FLNG in Q1 2016

The world's first floating liquefied natural gas (LNG) project, built by Petronas, is expected to supply its first cargoes in the first quarter of 2016, senior

IRS on Talent Acquisition Spree

IRClass, the Leading Ship Classification Society has hired 17 of the brightest and best Naval Architecture students from the elite technical institutes of India.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1480 sec (7 req/sec)