Latest News

  • Nigeria Impact Survey

    The Maritime Anti-Corruption Network (MACN) has launched an anonymous Impact Survey to better understand the evolving situation relating to the operating environment in Nigerian ports and terminals and assess the impact of MACN’s efforts in Nigeria. 

  • BIMCO, Safety at sea webinar: Fortifying defences to meet IMO 2021 deadline

    BIMCO and  Safety at Sea will be hosting an engaging and informative webinar on 11 August that will include the results of their Maritime Cyber Security survey to inform briefings and discussions among maritime experts.

  • SHIPLEASE term sheet ready for adoption process after expert feedback

    Over a series of meetings, the drafting committee developing the new BIMCO term sheet for ship sale and leaseback transactions has considered input received from industry experts. The term sheet is now ready to be presented to the Documentary Committee for adoption.

  • Changes to crew change requirements in the major hubspots

    Providing the latest requirements affecting the major crew change hubspots.

  • New IMO greenhouse gas study is an important tool for policy decisions

    The International Maritime Organization (IMO) has published its 4th Greenhouse Gas (GHG) study, and BIMCO finds the results very encouraging, as data confirms the industry can reach the 50% lower IMO emissions target in 2050.

  • Shipowners encouraged to take part in ship generated waste survey

    The EU is carrying out an online survey which is relevant to all shipowners irrespective if they operate ships on EU-flag or not. The outcome of the survey will be used to establish criteria for determining that a ship produces reduced quantities of waste and manages its waste in a sustainable and environmentally sound manner. The outcome could result in  reduced fees for delivering waste to a port reception facility, and BIMCO encourages all shipowners to take part in the survey.

  • Closed borders, closed minds

    The global summit hosted by the UK Government on 9 July 2020 on the impact of COVID-19 on crew changes was attended by just fifteen countries. Thirteen pledged to take action to help cut through bureaucratic red tape preventing crew changes, which is a step in the right direction.

Latest news by topic

Closed borders, closed minds

The global summit hosted by the UK Government on 9 July 2020 on the impact of COVID-19 on crew changes was attended by just fifteen countries. Thirteen pledged to take action to help cut through bureaucratic red tape preventing crew changes, which is a step in the right direction.

Sound your horns on 8 July to support crew changes

To create more awareness of the plight of the seafarers, who are still largely unable to get on or off their ships, BIMCO and the rest of the international shipping community encourages that ships in port sound their horns on 8 July at 12:00 noon local time.

BIMCO publishes COVID-19 crew change clause

BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.

New BIMCO Law & Arbitration clause will clarify arbitration processes

If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.

BIMCO publishes COVID-19 crew change clause

BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.

SmartCon update adds electronic signature solution

BIMCO has updated its contract editing tool, SmartCon, with a new feature that enables users to add electronic signatures to their finalised contracts using DocuSign™ and thereby save time and money compared to relying on couriers to obtain physical signatures on paper copies.

Shipowners encouraged to take part in ship generated waste survey

The EU is carrying out an online survey which is relevant to all shipowners irrespective if they operate ships on EU-flag or not. The outcome of the survey will be used to establish criteria for determining that a ship produces reduced quantities of waste and manages its waste in a sustainable and environmentally sound manner. The outcome could result in  reduced fees for delivering waste to a port reception facility, and BIMCO encourages all shipowners to take part in the survey.

COVID-19 causes problems for implementing EU legislation

The COVID-19 pandemic affects the industry’s endeavours to implement the upcoming European Union’s Ship Recycling Regulations (EUSRR) and many shipowners may not be able to finalize the required Inventory of hazardous materials (IHM) prior to the deadline.

Republic of Korea implements national sulphur emission control area

Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020.

Closed borders, closed minds

The global summit hosted by the UK Government on 9 July 2020 on the impact of COVID-19 on crew changes was attended by just fifteen countries. Thirteen pledged to take action to help cut through bureaucratic red tape preventing crew changes, which is a step in the right direction.

Ships increasingly risk legal actions in Malacca and Singapore region

The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.

Survey launched to explore how shipping is coping with Covid-19

An industry-wide survey calling on seafarers and shore-staff to share their Covid-19 workforce insights has been launched by Lloyd’s Register and marine industry partners to understand how the pandemic has affected, and continues to affect the industry and the health and mental wellbeing of its employees.

Ships increasingly risk legal actions in Malacca and Singapore region

The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.

United States - CTPAT Sea Carrier Security Profile guidance

United States Customs & Border Protection has informed that the Customs Trade Partnerships Against Terrorism (CTPAT) Portal’s new security profile for Sea Carries which came on line June 1, 2020, does not fully reflect the associated minimum security criteria (MSC).

The Guidelines on Cyber Security Onboard Ships up for review

16 months after publishing the 3rd version of The Guidelines on Cyber Security Onboard Ships, the guidelines are again up for review.

Changes to crew change requirements in the major hubspots

Providing the latest requirements affecting the major crew change hubspots.

Republic of Korea implements national sulphur emission control area

Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020.

Self-quarantine is crucial for crew change in Singapore

Following an incident where a crew member was diagnosed with COVID-19 upon arrival in Singapore, the Singapore Shipowners Association is reiterating the importance of self-quarantine.

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.

The 2010s: a decade of market imbalance and ultra large container ships

Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. 

Oil product tanker S&P activity down 45% as new reality unfolds

Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016.

Developments in the oil tanker market in the past decade dominated by geopolitics

Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation in the global oil markets.

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.

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).