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 October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2315 sec (4 req/sec)