Latest News

  • Poor condition of returned barges triggers BARGEHIRE update

    Disagreements between owners and charterers over the cost of repairing damage to redelivered unmanned barges have prompted a review of BARGEHIRE 2008 to help reduce the risk of disputes. 

  • GENCON 2020 Seminar – We want to hear your opinion!

    The shipping industry’s most widely used dry cargo voyage charter party, GENCON, is being revised and updated for the first time in 25 years and will be published later this year. BIMCO is delighted to invite you to a free seminar on the revised GENCON 1994 charter party and wants to hear your opinion on the new form.

  • BIMCO encourages uniform ship-port data exchange in IMO submission

    BIMCO, flag administrations and port associations have submitted a proposal to the IMO Facilitation Committee to develop IMO guidelines that provide global industry standards for data and data sharing, with the aim to enhance communication and thereby efficiency during port calls.

  • Novel Coronavirus - the importance of contractual clarity

    BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.

  • 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.

  • Coronavirus Outbreak – Advice and updates from BIMCO

    In response to a rising number of enquiries from members, BIMCO is constantly updating its website with contractual and practical advice regarding the outbreak of the Coronavirus, which has been declared a global health emergency by the World Health Organization (WHO). Please find our designated content page here.

Latest news by topic

BIMCO imposes travel and meeting restrictions due to Coronavirus

BIMCO is an international association organising training courses, seminars, subcommittee meetings, working groups, etc. worldwide. As a consequence of the current spread of Coronavirus, BIMCO has decided that no BIMCO staff can travel to the Far East until further notice.

BIMCO issues update on Persian Gulf tensions and sanctions clauses

After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers to follow the operational and contractual guidance set out in this article.

BIMCO expands ice information service

As part of its offering to members, BIMCO has updated and expanded its online database on ice information. Foremost, the web-resource reflects the recently amended Polar Code and the subsequently revised national rules, which regulates navigation in arctic waters. 

GENCON 2020 Seminar – We want to hear your opinion!

The shipping industry’s most widely used dry cargo voyage charter party, GENCON, is being revised and updated for the first time in 25 years and will be published later this year. BIMCO is delighted to invite you to a free seminar on the revised GENCON 1994 charter party and wants to hear your opinion on the new form.

Novel Coronavirus - the importance of contractual clarity

BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.

Have your say on BIMCO’s offshore accommodation charter

The time charter party for accommodation support vessels currently being developed by a specialist BIMCO subcommittee is ready for wider consultation amongst stakeholders engaged in the offshore accommodation industry.

What is BIMCO thinking about 2020?

Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by. We put all the thoughts in a magazine. This year is no different, and a range of BIMCO people have written their opinions on what the new year will bring.

BIMCO publishes interpretation of discord between fuel oil samples

As 1 January 2020 approaches and the sulphur regulation from the International Maritime Organization (IMO) comes into force, BIMCO is experiencing an increase in questions related to the discord between the verification produces for statutory fuel oil samples and commercial fuel oil samples.

Is blending fuel on board allowed to achieve compliance?

The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has raised questions regarding the possibility of blending fuel on board ships to achieve compliance. The questions have prompted BIMCO to offer its view to members on the regulatory aspects of whether on board blending can be considered compliant.

US Coast Guard introduces new examinations for foreign ships calling US ports

BIMCO has received information about changes made by the United States Coast Guard (USCG) to its Port State Control (PSC) boarding matrix. 

BIMCO expands ice information service

As part of its offering to members, BIMCO has updated and expanded its online database on ice information. Foremost, the web-resource reflects the recently amended Polar Code and the subsequently revised national rules, which regulates navigation in arctic waters. 

SOLAS amendments to enter into force on 1 January 2020

The International Maritime Organization (IMO) has issued a set of important amendments to the International Convention for the Safety of Life at Sea (SOLAS), as well as various codes mandatory under the Convention. The changes will enter into force on 1 January 2020 and can be viewed below.

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.

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.

BIMCO issues update on Persian Gulf tensions and sanctions clauses

After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers to follow the operational and contractual guidance set out in this article.

Novel Coronavirus - the importance of contractual clarity

BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.

Coronavirus Outbreak – Advice and updates from BIMCO

In response to a rising number of enquiries from members, BIMCO is constantly updating its website with contractual and practical advice regarding the outbreak of the Coronavirus, which has been declared a global health emergency by the World Health Organization (WHO). Please find our designated content page here.

WHO declares coronavirus outbreak a global health emergency - BIMCO advises

Since 23 January 2020, BIMCO has been busy updating members about this serious coronavirus outbreak online and it has now been announced by WHO yesterday that it is officially a global health emergency. BIMCO advises members of how this outbreak can be monitored closely and issues information and guidance accordingly.

BIMCO IMSBC Code webinar highlighting shipowners' difficulties with transport of solid bulk cargoes

View the latest IMSBC Code webinar presenting the general difficulties on shipment of solid bulk cargoes, together with some BIMCO recommendations to improve the situation. 

BIMCO prepares members ahead with the new IMSBC Code !

The International Maritime Organization (IMO)  has published the latest International Maritime Solid Bulk Cargoes ( IMSBC) Code, incorporating Amendment 05-19, 2020 edition. BIMCO informs members what these new amendments are and how they can access the information on the BIMCO Cargo database section.

Chinese imports of tariffed goods from the US down 30 million tonnes

US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared to the same period of 2017, the last full year unaffected by the trade war.

Peter Sand to offer future industry insight at Slide2Open Shipping Finance conference in Athens, Greece

Peter Sand will offer his view of the most relevant future commercial aspects to the shipping industry in Athens at the Slide2Open Shipping Finance conference on 30 January 2020.

China’s thirst for crude oil pushes Brazil’s December exports to all-time high

Brazilian crude oil exports hit a record high in December 2019 with a total 8.7 million tonnes of crude oil exported, as China continues to turn to Brazil for crude.

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.

Tanker owner gets valuable crew insights from Shipping KPI

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.

What is BIMCO thinking about 2020?

Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by. We put all the thoughts in a magazine. This year is no different, and a range of BIMCO people have written their opinions on what the new year will bring.

BIMCO’s call for harmonized data supported at IMO

BIMCO’s continued call for the establishment of a harmonized data model to facilitate exchange of electronic data between ship and shore last week took a big step forward, as the initiative was met with support during an expert meeting at the International Maritime Organization (IMO).

BIMCO submits proposals to IMO to enhance exchange and harmonization of data

BIMCO has submitted two proposals to the International Maritime Organization (IMO) to pave the way for easy exchange of port logistic operational data and allow for real-time updates (notifications) between ship and shore.