April 16, 2019

Inter Club Agreement Claims and the meaning of “similar amendment”

Yes another dispute on the wording of the Inter Club Agreement which is of course designed to reduce disputes!   This time the issue involved the meaning of the words “similar amendment” in Clause 8(b) which of course makes charterers 100% liable for cargo claims... Read more >

October 16, 2018

How to make sure you incorporate all of the Inter Club Agreement provisions into your charter

Those who follow us may have seen our take on a recent arbitration decision where the security provisions of the 2011 Inter Club Agreement were not incorporated. Basically the incorporation words in the charter were deemed not extensive enough. This has caused some... Read more >

October 5, 2018

The Inter Club Agreement – just what is a “similar amendment” and why is it important?

As many of our followers will know, the Inter Club Agreement (ICA) is invaluable as a rough and ready way of apportioning responsibility for cargo claims arising as a consequence of the carriage of goods.    The purpose of the ICA is to allow the carrier under the... Read more >

September 24, 2018

Does your charter incorporate the Interclub Agreement or only parts of it?

Answer – it depends on the words of incorporation used. At least that was the result in London Arbitration 18/18. In this case Owners, having secured the cargo claim, demanded counter security from Charterers. The 2011 ICA expressly states that counter security... Read more >