SHIPMAN 2009, BIMCO’s much-used ship management agreement, is currently being revised and the drafting team in charge of the project has finalised a draft for industry consultation.
On 4 March 2023, 190 countries approved a landmark agreement to protect areas of the ocean beyond national jurisdiction- the agreement confirms the importance of the role of the IMO in regulating international shipping.
BIMCO's Documentary Committee met on 10 May in Copenhagen and approved for publication three standard novation agreements for time charter parties and shipbuilding contracts.
The 2020 0.50% sulphur limit for fuel oil used outside emission control areas will undoubtedly create operational issues for crews onboard ships. The International Organization for Standardization (ISO) has now issued a letter in this regard rebutting these claims.
The International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention ) enters into force 8 September 2017 and preparation time is running out!
Long distance ocean towage presents numerous challenges to tugowners, not least of which is the impact of adverse weather on the performance of the tug and tow.