UK insurer International Transport Intermediaries Club (ITIC) has reminded members of the importance of terms and conditions in contracts after a draft mix-up resulted in a pay-out.
The warning comes after a case involving an agent at a discharge port which advised a shipper with cargo on board an inbound vessel that the maximum draft was 40 feet.
Since the vessel’s draft was just under 41 feet, it made an interim call to unload some cargo.
