IMSBC Code webinar
Overview
On 21 October 2015, BIMCO held a one-hour long webinar session on the IMSBC Code, highlighting two very relevant issues for members; i.e. on “How to carry bulk cargoes safely – a shared risk?” and “ What is it – identifying cargo hazards under the IMSBC Code”.
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Posted:
20 October 2015
Related Information
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Sale and purchase report
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Sale & purchase report dated 28 November 2017
Indicative Market Values (Million USD) - Tankers
| Vessel 5 years old |
Nov-17 average |
Oct-17 average |
+ - |
% | 2016 | 2015 | 2014 | |
| VLCC | 300KT DH | 62.4 | 61.0 | 2.3% | 68.7 | 81.2 | 73.8 | |
| Suezmax | 150KT DH | 39.9 | 39.0 | 2.2% | 49.7 | 59.7 | 50.4 | |
| Aframax | 110KT DH | 30.0 | 30.0 | 0.0% | 36.8 | 45.4 | 38.9 | |
| LR1 | 75KT DH | 26.5 | 26.5 | 0.0% | 32.9 | 36.1 | 33.0 | |
| MR | 52KT DH | 24.0 | 24.0 | 0.0% | 25.0 | 27.6 | 27.5 | |
Indicative Market Values (Million USD) - Dry Bulk Carriers
| Vessel 5 years old |
Nov-17 average |
Oct-17 average |
+ - |
% | 2016 | 2015 | 2014 | |
| Capesize | 180k | 33.8 | 34.0 |
-0.7% |
23.2 | 33.4 | 47.5 | |
| Pamamax | 76k | 18.3 | 18.5 | -1.4% | 13.4 | 17.5 | 24.8 | |
| Supramax | 56k | 17.0 | 16.5 | +3.0% | 12.2 | 16.6 | 25.2 | |
| Handysize | 30k | 13.8 | 14.0 | -1.8% | 9.4 | 13.8 | 20.0 | |
VPS Bunker Alerts
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
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SOLAS Chapter VII part B - Construction and equipment of ships carrying dangerous liquid chemicals in bulk - made the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk, in short - the IBC code - mandatory for chemical tankers constructed on or after 1 July 1986.
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IMSBC Code group A and B cargoes
A Group A and B cargo is one which may liquefy/dynamically separate ( Group A) and possess chemical hazards ( Group B). Note: Group A cargoes are cargoes which possess a hazard due to moisture that may result in liquefaction or dynamic separation if shipped at a moisture content in excess of their transportable moisture limit. Group B cargoes are cargoes which possess a chemical hazard that could give rise to a dangerous situation on a ship
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IMSBC Code group C cargoes
A Group C cargo is a cargo which is neither classified as group A nor group B. Note: Group A cargoes which possess a hazard due to moisture that may result in liquefaction or dynamic separation if shipped at a moisture content in excess of their transportable moisture limit. Group B cargoes are those which possess a chemical hazard that could give rise to a dangerous situation on a ship.
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Learn about your cargo
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