Latest news by topic

Industry publishes improved cyber guidelines

The third edition of the industry cyber risk management guidelines, Guidelines on Cyber Security Onboard Ships, addresses the requirement to incorporate cyber risks in the ship’s safety management system (SMS). It also reflects a deeper experience with risk assessments of operational technology (OT) - such as navigational systems and engine controls - and provides more guidance for dealing with the cyber risks to the ship arising from parties in the supply chain.

The new digital BIMCO Bulletin is out

The new BIMCO magazine the “Bulletin” is out with articles covering the effect of the US-China trade war, the 2020 sulphur limit and the challenges of ship recycling and ballast water management. “The shipping industry is taking major steps and making huge investments to be ready for (2020) compliance. It is only fair that the nation states party to Annex VI of the MARPOL Convention live up to their end of the agreement,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why now is the wrong time to do business as usual as the trade war rages on.

BIMCO aims to publish cyber security clause in spring 2019

BIMCO is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.

GENCON update will include new owners’ responsibility clause

BIMCO’s Documentary Committee has discussed and approved a proposal to re-write GENCON’s Clause 2, which deals with owners’ liabilities. It is part of a major overhaul of the industry’s most widely used standard voyage charter party.

BIMCO aims to publish cyber security clause in spring 2019

BIMCO is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.

Eyes on Asia as BIMCO develops new gas contracts

BIMCO will begin work on two gas-related contracts in early 2019, an LNG (Liquid Natural Gas) Bunker Purchase Contract and a LPG (Liquid Petroleum Gas) voyage charter party.

BIMCO publishes two 2020 sulphur clauses

BIMCO has published two sulphur content related bunker clauses which are now available on the BIMCO website and on SmartCon, BIMCO’s contract editing solution.

US 2013 VGP remain in force beyond its expiration date

US have changed its law in relation to discharges from ships incidental to its normal operation. A new law, the Vessel Incidental Discharge Act (VIDA) establishes a new legal framework for the regulation of such discharges from ships in US waters.

BIMCO applauds the landmark announcement by Maersk

BIMCO applauds the landmark announcement by Maersk of its ambition to reach carbon neutrality by 2050. 

Updates to BIMCO and Paris MoU’s inspection guide

BIMCO and the participating administration of the Paris Memorandum of Understanding of Port State Control (Paris MoU) have updated the pamphlet “The Inspection Regime on Paris MoU”.

BIMCO publishes list of options for discharging scrubber wash water

BIMCO issues a list of scrubber regulation related to the discharge of the wash water

IMO to further develop IGF code

BIMCO attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5) to further develop the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels.  

Wildlife transport taskforce intelligence bulletin

Please find attached the 1 December 2018 United for Wildlife Transport Taskforce Intelliegence Bulletin, concerning stone (Rough Stone, Quartz, and Jade) used as a Concealment Method for Illicit Ivory and Rhino Horn.

Industry Releasable Threat Assessment

This document provides the most recent information on threats affecting merchant ships in the Red Sea.

Weekly piracy reports and analysis

Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.

Singapore MPA to ban use of open-loop scrubbers

The Maritime and Port Authority of Singapore has decided to prohibit the use of open-loop exhaust gas cleaning systems within its port limits, as of 1 January 2020.  MPA chief executive, Andrew Tan, announced the new regulation, which is already part of current legislation, in his opening address at the Singapore Registry of Ships Forum.   

China to release new domestic emission control area regulation

The Chinese Ministry of Transport (MOT) has passed a new domestic emission control area regulation from 1 January 2019 in their territorial waters.

Ice forecast for Baltic Sea near Russia and the Gulf of Finland

Preliminary forecast on Baltic ice conditions near Russia as well as for the Gulf of Finland

Amended Dry Bulk Cargoes Code enters into force soon - members to get ready!

The amended IMSBC Code for carriage of dry bulk cargoes will enter into mandatory  force on 1 January 2019. What are the amendments that would impact members’ dealing with these cargoes? BIMCO gives the rundown of these amendments. 

IMO to further develop IGF code

BIMCO attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5) to further develop the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels.  

BIMCO attends meeting to work on Cargo Stowage and Securing Code

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.

Trade war leading to headwinds for the fragile dry bulk recovery

Although the 25% tariff on Chinese imports of US soya beans was implemented on 6 July 2018, its effects have only really started to show since the start of the fourth quarter.

Dry Bulk Shipping: BDI weakness in Q4, as the trade war limits demand growth and demolitions stall

The fragile recovery is stalling because the fleet is growing too fast.

Tanker Shipping: Winter is coming, random shocks can be powerful, but only fundamental improvements last

The continued severity of the tanker market conditions has made owners dig deep into the oversupply of capacity. Still BIMCO expects the tanker fleet to keep growing. A short-term rate recovery is not expected, as it is ‘maintenance season’ for the global refining industry in September and October.

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

BIMCO urges IMO to harmonise digital data reporting

In 2019 the new mandatory requirements on Electronic Data Interchange require public authorities to establish systems for the electronic exchange of information to assist ship clearance processes.

BIMCO project shows 80% admin-workload reduction for masters

The Maritime Reporting Model (MRM), developed by BIMCO and partners, can reduce the administrative workload for ship masters by 80% in connection with port calls, which can enhance the masters focus on safely navigating the ship.