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As a result of a rising number of shipments of industrial raw materials such as bauxite, coal and iron ore being transported under COAs, BIMCO is working on a new standard form of contract of affreightment (COA).
BIMCO SHIP PI is a global shipping industry tool for defining, measuring and reporting information on ship performance.
From 15 June 2022, international ships arriving in Australia will have to comply with new requirements for managing biofouling. This will include biofouling reporting requirements prior to arriving in Australian territorial seas.
BIMCO is launching a new survey with the aim of gathering information from shipowners about the effectiveness of their anti-fouling systems (AFS). The information gathered will help BIMCO provide factual information to the International Maritime Organization (IMO) about biofouling management in practice.
The Standard Statement of Facts was published in 1975 and is recommended by BIMCO and FONASBA (the Federation of National Associations of Ship Brokers and Agents). The latest edition of this document is the Standard Statement of Facts (short form), issued in 1975.
Globally, less than 2% of world trade is carried on electronic bills of lading. This is partly due to lack of open standards and interoperability. To help increase adoption of digital trade documents in shipping, BIMCO has published an electronic bill of lading standard.
The Italian tanker owner, Fratelli d’Amico Armatori, reached a new level of insight on its crew retention and crew management after their company began comparing their fleet using BIMCO’s Shipping KPIs.
Even before the effects of the coronavirus, the ‘Phase One’ agreement between China and the US failed to boost volumes of the implicated goods in January.
BIMCO is to develop an electronic bill of lading standard for the dry and liquid bulk sectors as a key component of a global initiative to accelerate trade digitalisation.
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