TT Talk Edition 98 - 26/04/2007
25/04/2007
1. The Lost Bill of Lading - Yet More Questions and Answers
TT Talk - What's in a Name?
25/04/2007
The April 9 Edition of ForwarderLaw E-News carried an interesting article by Steve W. Block, entitled "Misleading Monikers of the Middleman". Steve Block is an attorney with the US firm of Betts Patterson and Mines, P.S based in Seattle. Extracts from the article are set out below. (For those not familiar with the slang word "Monickers", it means 'name' or 'title').
With effect from 6 April 2007, significant changes have been made to the Civil Procedure Rules in England. As a result, it is no longer necessary for a Defendant party to litigation, who wishes to protect his position in regard to costs, to make a payment into court under Part 36 - the relevant Rule.
Releasing its 2006 annual results at the end of March, transport insurance specialist TT Club revealed that its biggest single loss during the year had been a man-made one - the explosions and huge fire on board the Hyundai Fortune, in the Gulf of Aden on passage from the Far East to Europe.
TT Club names Huxley as EMEA sales director
03/04/2007
TT Club, the specialist transport insurance provider, has confirmed Andrew Huxley to the new position of Regional Sales Director based in London, where he will be responsible for developing business within Europe, the Middle East and Africa.
TT Talk Edition 97 - 03/04/2007
02/04/2007
1. "Without prejudice" and "Privileged Correspondence" - Feedback
Readers may be interested in the following article on this well-advertised casualty. The article appeared in the March 2007 edition of BIFALink, the monthly magazine published by the British International Freight Association.
Another positive year for TT Club in 2006
28/03/2007
TT Club today announced a third consecutive year of rising premium income and a fifth consecutive year of increasing net worth for its 2006 financial year, marking another year of solid performance.
TT Talk Edition 96 - 20/02/2007
20/02/2007
1. TT Club boosts loss prevention management team
The International Maritime Organisation has set up a new sub-division within the UN secretariat's maritime safety division in response to enhanced focus on maritime security.
That the bill of lading is said to have been lost is no excuse for delivering the shipment without production of the original document. The reality is one can never be 100% sure what has happened to the original set of bill(s) of lading: are they indeed lost, or has someone just overlooked the business of paying the seller? If the carrier releases cargo without firm evidence of the consignee's right to take delivery, the carrier does so entirely at its peril.