Latest News

  • COVID-19 restrictions are updated

    The BIMCO secretariat makes a continuous effort to provide information on the most recent restrictions.

  • 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.

  • COVID-19 restrictions are updated

    The BIMCO secretariat makes a continuous effort to provide information on the most recent restrictions.

  • IMO issues guidance for delays in newbuild vessel deliveries due to COVID-19

    The International Maritime Organization (IMO) has released guidance for cases when COVID-19 results in unforeseen delays in the delivery of newbuild bulk carriers and oil tankers originally scheduled to be delivered before 1 July 2020. The guidance is particularly relevant to shipbuilders, equipment suppliers, shipowners, surveyors and service engineers.

  • BIMCO supports improved procedures for reporting of containers lost at sea

    BIMCO has, together with a number of European countries and international organizations, submitted a document to the International Maritime Organization (IMO), offering support for new output on the mandatory reporting of containers lost at sea.

  • New bunker alert service available for BIMCO members

    Bunker fuel is a key element in the running of ships, and problems related to bunkers can massively impact daily operations. Information about bunker quality issues is of high value and BIMCO has therefore entered into a new cooperation with Veritas Petroleum Services (VPS) who publishes regular Bunker Alerts based entirely on fuel samples.

  • ASVTIME moves closer to completion

    At online meetings on 31 March and 1 April, the subcommittee working on the standard time charter party for accommodation support vessels (ASVTIME) reviewed feedback from industry stakeholders and further developed the draft contract.

  • BIMCO grows its membership and share of world cargo fleet

    BIMCO is consolidating its position as the biggest shipping organisation in the world, growing its membership fleet both in absolute size and as a share of the world cargo fleet.

Latest news by topic

New bunker alert service available for BIMCO members

Bunker fuel is a key element in the running of ships, and problems related to bunkers can massively impact daily operations. Information about bunker quality issues is of high value and BIMCO has therefore entered into a new cooperation with Veritas Petroleum Services (VPS) who publishes regular Bunker Alerts based entirely on fuel samples.

BIMCO grows its membership and share of world cargo fleet

BIMCO is consolidating its position as the biggest shipping organisation in the world, growing its membership fleet both in absolute size and as a share of the world cargo fleet.

IMO invites member states to use industry recommendations to facilitate trade

BIMCO, ICS and other industry partners have teamed up and presented the IMO with a list of recommendations for governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic.

Safety Warranty Prevails: US Supreme Court Rules that Owners can Rely on Absolute Warranty in Frequently Used Safe Berth Clauses

BIMCO, INTERCARGO and INTERTANKO welcome the ruling by the highest court in the United States on 30 March 2020 concluding that the plain meaning of the safe-berth clause in the Athos I dispute includes an unambiguous warranty of safety.

BIMCO answers top 5 questions on contracts and COVID-19

In this short video Grant Hunter talks to BIMCO’s head of Support & Advice, Merete Greisen, about answers they give members to the five most frequently asked questions.

BIMCO publishes Q&A on Infectious Diseases Clause

As part of its effort to openly share COVID-19 information and advice with the industry BIMCO has published a Q&A on its Infectious Diseases Clauses.

New bunker alert service available for BIMCO members

Bunker fuel is a key element in the running of ships, and problems related to bunkers can massively impact daily operations. Information about bunker quality issues is of high value and BIMCO has therefore entered into a new cooperation with Veritas Petroleum Services (VPS) who publishes regular Bunker Alerts based entirely on fuel samples.

BIMCO guidance on COVID-19 implications for ships’ certificates

As the COVID-19 pandemic continues, some ships are experiencing operational challenges, such as shipyards or dry docks closing down. In addition, surveys and audits can in some cases not be conducted because surveyors are unable to attend the ships due to travel restrictions or quarantines.

Round Table looks at industry challenges

The Chairpersons of the Round Table of international shipping associations (RT) met in Rome in February to discuss current issues and coordinate efforts going into the new decade, widely billed to become one of the most important in shipping’s history.

BIMCO shares inspections update from OCIMF to its COVID-19 bulletin

Oil Companies International Marine Forum (OCIMF) has issued an update to its COVID-19 bulletin, which gives further guidance on Ship Inspection Report Programme (SIRE)/Offshore Vessel Inspection Database (OVID) inspections.

Coronavirus (COVID-19) - Tokyo and Indian Port State Control Regimes issue guidance

The Tokyo and Indian MOU have issued press releases providing guidance on how extensions can be granted in relation to port state control inspection carried out on ships. 

BIMCO shares guidance from OCIMF on inspection practices in relation to COVID-19

With the aim to keep our members updated on issues related to the COVID-19 pandemic, BIMCO has reached out to Oil Companies International Marine Forum (OCIMF) to obtain the guidance they provide to inspectors of the Ship Inspection Report Programme (SIRE) and  Offshore Vessel Inspection Database (OVID). 

New publication offers updated maritime security guidance for mariners operating off West Africa and the Gulf of Guinea

Industry organisations, supported by government and military organisations, have worked together to produce a new publication that will help mariners detect, deter and delay external threats to their safety. Best Management Practices to Enhance Maritime Security for Vessels & Mariners Operating Off the Coast of West Africa including the Gulf of Guinea (BMP WA) consolidates and enhances existing guidance for specific threats in this region.

Industry Releasable Threat Assessment

This document provides updated information on a potential threat from unmanned skiffs, which could affect merchant ships in the Red Sea, off Yemen.

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.

COVID-19 restrictions are updated

The BIMCO secretariat makes a continuous effort to provide information on the most recent restrictions.

IMO invites member states to use industry recommendations to facilitate trade

BIMCO, ICS and other industry partners have teamed up and presented the IMO with a list of recommendations for governments and relevant national authorities on the facilitation of maritime trade during the COVID-19 pandemic.

COVID-19 restrictions are updated

The BIMCO secretariat makes a continuous effort to provide information on the most recent restrictions.

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.

Coronavirus is disrupting the supply of ships as well as demand

The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out,  demand growth prospects for the year across all segments. The outbreak has also affected fleet development.

As oil prices plummet, crude oil tanker time charter rates skyrocket

Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude oil tanker spot freight rates, and time charter (TC) rates have soared.

US seaborne exports slow as the trade war takes hold

Before the coronavirus outbreak, shipping was already facing headwinds, including those caused by the trade war which has lowered volumes and changed trade patterns, both interesting developments which will continue into the future even as the world adjusts to the new reality.

Fake invoices

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

Fake invoices - COVID-19

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.