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From 22 October 2020 access to most content about COVID-19 will be for BIMCO members only.

 

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All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

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2020 sulphur cap

The sulphur cap of 0.50% came into force on January 1 2020 with wide implications for the entire maritime sector and beyond. BIMCO will address contractual, commercial, regulatory and technical issues to assist our members in navigating the complex implementation of the new regulation as a priority issue. This section will contain articles and relevant information to our members on this key topic.

Holiday calendar

BIMCO's Holiday Calendar covers general holidays in over 150 countries, plus local holidays and working hours in more than 680 ports around the world.

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Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

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BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

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Shipping KPI System

Do you want to compare your ship performance vs industry standard and identify efficiency improvements? The Shipping KPI system is the tool for you.

News & trends

Latest News

  • IBC and MARPOL Annex II changes require preparations ahead of 1 January 2021

    Amendments to the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk (IBC Code) and International Convention for the Prevention of Pollution From Ships, 1973 as modified by the Protocol of 1978 (MARPOL) Annex II - Carriage of noxious liquid substances in bulk, will impact all stakeholders in the chemical and Vegetable oils trade. As the amendments enter into force on 1 January 2021, It is recommended that ships replace existing certificates as soon as possible, to make sure the vessels are operational come 1 January.

  • China opens up 10 ports for foreign crew change and implements a circuit-breaker mechanism

    China eases crew change restrictions by opening up 10 ports and introducing a circuit-breaker mechanism.

  • Q&A interview on SHIPLEASE, BIMCO’s new standard term sheet for ship sale and leaseback deals

    BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback. SHIPLEASE is an indicative term sheet for use in both operating and finance leases. It has been developed mainly for second-hand ships but can be adapted to fit newbuildings.

  • BIMCO reports on new developments affecting the IMSBC Code - Bauxite Cargoes

    BIMCO started reporting from 30 September 2020,  a series of articles, informing members of what to expect in the revised International Maritime Solid Bulk Cargoes (IMSBC) Code ( Amendment 05-19), which wlll come into force on 1 January 2021. This is the 2nd article of the series. Today, BIMCO reports on the changes made to the " Bauxite" cargoes in the IMSBC Code.

  • BIMCO points to Nick Fell as next Documentary Committee chair

    BIMCO’s Board of Directors has pointed to Nick Fell, Executive Vice President Corporate Services & General Counsel at BW Group in Singapore, to take up the role as chairperson of BIMCO’s Documentary Committee in summer 2021.   

  • BIMCO adds Hong Kong to new shortened arbitration clause

    The addition of Hong Kong as the fourth named arbitration option has prompted BIMCO to overhaul its law and arbitration clause. The new edition was approved for publication at the recent meeting of BIMCO’s Documentary Committee and is available to download from our website.

  • BIMCO Shipping KPI statement concerning ships’ emission monitoring

    The mandatory Energy Efficiency Design Index (EEDI) for new ships and the Ship Energy Efficiency  Management Plan (SEEMP) for all ships are effective regulations for CO2 emissions and provide, in BIMCO’s view, tangible contributions to the global efforts to combat climate change.

  • EU Emission Trading System will inhibit global CO2 reductions

    BIMCO is concerned that the inclusion of shipping in the EU Emissions Trading System (ETS) will inhibit global action on reducing CO2 emissions.

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Latest market updates

Bunker Prices by Mabux Last Updated: 15:10 (GMT) - 19 October 2020

PORTS 380cSt 180cSt VLS FO MGO LS
Rotterdam 253 ↓ (-2) 307 ↑ (+3) 336 ↑ (+3)
Singapore 284 ↓ (-1) 345 ↓ (-4) 352 ↓ (-3)
Fujairah 270 ↓ (-1) 344 → (+0) 440 ↑ (+1)
Copenhagen 283 ↑ (+5) 318 → (+0) 358 → (+0)
Gothenburg 280 ↑ (+5) 315 → (+0) 355 → (+0)
St. Petersburg 248 ↑ (+6) 302 ↑ (+1) 335 ↑ (+2)
Tallinn 273 ↑ (+9) 310 ↑ (+3) 377 ↑ (+4)
Gibraltar 294 ↑ (+1) 336 ↓ (-1) 373 ↓ (-2)
Pireaus 293 ↑ (+3) 345 → (+0) 372 ↓ (-2)
Istanbul 345 → (+0) 395 → (+0)
Houston 262 ↓ (-2) 307 ↓ (-7) 360 ↓ (-6)
Panama Canal 290 ↓ (-5) 325 ↓ (-7) 375 ↓ (-8)
Santos 340 → (+0) 340 → (+0) 436 ↓ (-2)
Buenos Aires 355 → (+0) 450 ↓ (-30)
Hamburg 270 ↑ (+2) 320 ↓ (-5) 355 ↑ (+4)
Riga 271 ↓ (-2) 312 ↑ (+3) 381 ↑ (+3)
Suape(XB)
Antwerpen 255 ↓ (-2) 309 ↑ (+3) 338 ↑ (+3)
New York 267 ↓ (-1) 332 ↓ (-1) 360 ↑ (+1)
Philadelphia 270 ↓ (-1) 337 ↓ (-1) 365 ↑ (+1)
Hong Kong 293 → (+0) 325 → (+0) 345 → (+0)
Genoa 273 ↑ (+12) 360 ↑ (+11) 410 ↑ (+6)
Augusta 305 ↑ (+12) 343 → (+0) 393 → (+0)
Rio de Janeiro 341 ↓ (-4) 341 ↓ (-4) 408 → (+0)
Bremerhaven 282 ↑ (+2) 337 ↓ (-5) 375 ↑ (+4)
Paranagua 366 ↓ (-4) 366 ↓ (-4) 471 → (+0)
Rio Grande 366 ↓ (-4) 366 ↓ (-4) 472 → (+0)
Recife
Salvador 374 ↓ (-4) 374 ↓ (-4) 453 → (+0)
Fortaleza 352 ↓ (-4) 352 ↓ (-4) 461 → (+0)
Fremantle 460 → (+0) 475 → (+0)
Belem 395 ↓ (-4) 395 ↑ (+4) 485 → (+0)
Tubarao 361 ↓ (-4) 361 ↓ (-4) 461 → (+0)
Curacao 377 → (+0) 468 → (+0) 578 → (+0)
New Orleans 292 → (+0) 317 → (+0) 375 → (+0)
Manaus 375 ↓ (-4) 375 ↓ (-4) 449 → (+0)
Niteroi 345 → (+0) 345 → (+0) 406 ↓ (-2)
Praia Mole 361 ↓ (-4) 361 ↓ (-4) 461 → (+0)
Suape(XP)
Vila do Conde 395 ↓ (-4) 395 ↓ (-4) 485 → (+0)
Vitoria 361 ↓ (-4) 361 ↓ (-4) 461 → (+0)
Itaqui (XP) 398 ↓ (-4) 398 ↓ (-4) 479 → (+0)
Miami 317 ↓ (-2) 409 ↓ (-4)