Navigating the waters of Straits of Malacca and Singapore and associated waters, is not always straightforward and members need to be aware of certain legal risks that exists in these waters.
The name of "Asian Gypsy Moth" is under review. Additionally, Canada and the United States have issued a joint notice amending the risk periods. ** ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** Not all countries have introduced the new name yet, but BIMCO has decided to standardise on Flighted Spongy Moth Complex, abbreviated to FSMC.
The governing bodies of the International Oil Pollution Compensation (IOPC) Funds met from 29 April to 1 May 2024 in London to consider various ongoing issues relating to the Funds’ work, including compensation and treaty matters. BIMCO has observer status at the Funds which provide compensation for oil pollution damage resulting from oil spills from tankers and therefore play a key role in the international liability and compensation regime for oil pollution damage.
Strengthening global growth could be derailed by a range of factors this year, including the coronavirus outbreak and a further escalation of trade tensions across the world.
This practical and easy to understand workbook supports the owner, Master and the ship's crew with cyber security risk management. It contains comprehensive checklists to assist with the day-to-day management of onboard cyber security and facilitates collaboration between ships, onshore IT departments and equipment manufacturers.
The International Monetary Fund (IMF) has revised down its predictions for global growth in 2019 and 2020. It forecasts growth to be 3.5% in 2019 and 3.6% in 2020. This means a dampening of global growth over the next two years, as growth in 2018 is estimated to be 3.7% The slowdown will affect both advanced and emerging economies.