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Ship broker error leads to USD 45,000 settlement

Insurer ITIC stresses the importance of accurate and clear communication in maritime contracts to avoid costly disputes (Corrected)
Port of Felixstowe is the UK's largest container port. | Photo: Toby Melville/Reuters/Ritzau Scanpix
Port of Felixstowe is the UK's largest container port. | Photo: Toby Melville/Reuters/Ritzau Scanpix
by NIDAA BAKHSH

A broker error regarding despatch terms has led to a USD 45,000 settlement of a claim, according to the International Transport Intermediaries Club (ITIC), an insurer based in London. 

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