Preview the new edition of BARECON and give your feedback

The revision of BIMCO’s industry standard bareboat charter party, BARECON 2001, has been going on for over a year now. The draft has been circulated to more than 20 companies or individuals in the bareboat chartering industry for comments and feedback.

Crewless ships, cyber security and ballast water issues top agenda for Marine Committee

A broad range of “hot” industry issues kept BIMCO’s Marine Committee busy at its recent meeting at BIMCO House.

BIMCO launches latest guidance for charter negotiations


Today, BIMCO re-launches one of its most enduringly popular publications – Check Before Fixing.

Shipping KPIs Monthly News - May 2017

The Shipping KPIs now has new user interface for "My Ships" section. Check it out now. And there will be more changes coming soon.

Cargo Alert - Danger of loading nickel ore from Philippines

Loading of nickel ore from Philippines still poses a huge problem.

Latest news by topic

BIMCO launches latest guidance for charter negotiations

Today, BIMCO re-launches one of its most enduringly popular publications – Check Before Fixing.

SHIPTERM seminars in Singapore & Hong Kong coming soon

BIMCO’s new standard term sheet for bilateral ship financing transactions, SHIPTERM, will be the focus of two seminars taking place in Singapore on 24 May and Hong Kong on 25 May.

FUJCON 2017: No magic bullet for bunker contracts

BIMCO speaks at the 10th Fujairah Bunkering and Fuel Oil Forum.

US regulations affecting your ships - get the April update!

This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members.  The full CSA April report is also provided. 

EU MRV Regulation and approved Verification Bodies

Now 11 verification companies have been approved as verifiers to EU MRV Regulation.

IMO’s Legal Committee encourages ratification of 2010 HNS Protocol

At last week’s meeting of the Legal Committee of the International Maritime Organization (IMO), states repeated their support for the international liability and compensation regime for damage in connection with the carriage of hazardous and noxious substances by sea. 

Call for consistency in application of oil spill compensation provisions

A call for the consistent application of the Civil Liability Convention (CLC) and Fund Conventions was made when the governing bodies of the International Oil Pollution Compensation (IOPC) Funds met in London on 24 and 25 April. BIMCO was represented as an observer delegation.

Confusion on the use of manoeuvring fuel in the Panama Canal

The use of maneuvering fuel when passing Panama Canal waters has been stated by the Panama Canal Authorities after a change in their notifications.

California State Ballast Water Exchange fines and regulations

Overview of California State Ballast Water Management and noncompliance penalties.

Launch of watertight doors awareness campaign

Watertight doors are crucial for reducing ship vulnerability in cases of flooding, and due to re-occurring deficiencies during surveys, and accidents leading to injuries and fatalities, GARD and DNV GL have joined forces to launch an awareness campaign on watertight doors. 

BIMCO welcomes first peek through the Maritime Single Window

From 2019 new mandatory requirements on electronic exchange of information will require public authorities to establish systems to assist ship clearance processes.

BIMCO looking at the Maritime Single Window at FAL 41

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

BIMCO encourages proposals to stop injuries caused by free fall boats

New regulations for lifting appliances and lifesaving appliances are approaching. BIMCO co-sponsors a paper to stop accidents caused by free fall lifeboats during drills.

Smooth e-Navigation at NCSR 4

Over 90 papers were discussed at the recent 4th session of IMO Sub-Committee on Navigation, Communications and Search and Rescue (NCSR) and many important decisions finalised. 

e-Navigation high on the agenda of IMO NCSR 4

The IMO NCSR considers technical and operational matters related to safety of navigation on board ships. The next meeting agenda will cover modernisation of GMDSS and e-Navigation as the two main topics.

Latest issue of BIMCO’s digital Bulletin now online

The latest BIMCO digital Bulletin is now ready for you to read and enjoy.

Security advisory - EUNAVFOR / CMF Industry releasable threat assessment

EUNAVFOR /CMF have released an immediate update to the industry releasable threat assessment to address the spike in piracy events in the GoA and the Somali Basin over the last eight weeks. Members and operators are urged to review immediately and apply the guidance and recommendations issued.   

Cyber security is everybody’s responsibility: new poster for ships launched in Singapore

BIMCO, International Chamber of Shipping (ICS) and Maritime and Port Authority of Singapore (MPA) launched a new cyber security awareness poster at Singapore Maritime Week 2017.

IMO’s Legal Committee encourages ratification of 2010 HNS Protocol

At last week’s meeting of the Legal Committee of the International Maritime Organization (IMO), states repeated their support for the international liability and compensation regime for damage in connection with the carriage of hazardous and noxious substances by sea. 

Weekly piracy reports and analysis

Read the latest maritime security news making headlines throughout the world.

Weekly piracy reports and analysis

Read the latest maritime security news making headlines throughout the world.

Joint Canadian and United States Asian Gypsy Moth notice issued February 2016

Members with ships that have called at regulated Asian Gypsy Moth areas should take note of the following joint notice issued by the Canadian Food Inspection Agency (CFIA) and the United States Department of Agriculture (USDA), outlining the requirements for such ships entering North American ports.

Nigerian National Petroleum Corporation oil tanker ban reported as lifted

BIMCO members are to note that the ban imposed on 113 tankers prohibited from entering Nigerian oil facilities and territorial waters in July 2015, appears to have been lifted on 10 September 2015.

Upbeat crude oil tanker demolition goes against general trend

January struck an upbeat tone for demolition in all sectors, but the overall pace of fleet renewal, via demolition, has slowed down since then.

Dry bulk shipping: as the BDI moves higher, demolition activity weakens

What a rebound. After the Baltic Dry Index (BDI) had its seasonal weakness around the Chinese New Year in early February, stronger-than-expected demand came from across the board and lifted freight rates. This brought earnings into profitable levels for a couple of days, as the BDI passed 1,282 on 27 March 2017.

Container shipping: New networks come into focus as the supply side holds the key to improvements

The most recent available data show that demand for the container shipping grew by 2.7% in 2016. With the supply side growing by only 1.3%, this meant that the fundamental market balance improved for the first time since 2011. This development is primarily due to decisive actions by shipowners who sold excess tonnage for demolition.

Tanker shipping: Shipowners have their work cut out handling the supply side in 2017

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end. For one, VLCCs may not yet have bottomed out. By 7 April 2017, average earnings stood at USD 18,853 per day, down from USD 63,284 per day on 16 December 2016.

Macro economics: Economic indicators have been pointing up in recent months

The recent months’ uptick in global indicators, which implies a strengthening in the global economy, is not sufficient for the patient to be discharged yet. The state of the global economy is still uncertain, despite stronger growth dynamics in advanced economies, and not least in China.

China's import of iron ore to propel dry bulk shipping demand in 2017

China's import of iron ore will continue to be a key driver for the demand growth in 2017 for the dry bulk shipping industry, alongside shipping of grains.

Cyber security is everybody’s responsibility: new poster for ships launched in Singapore

BIMCO, International Chamber of Shipping (ICS) and Maritime and Port Authority of Singapore (MPA) launched a new cyber security awareness poster at Singapore Maritime Week 2017.

The Institute of Chartered Shipbrokers and BIMCO start new initiative to give shipping professionals greater access to quality education

The Institute of Chartered Shipbrokers (the Institute) and BIMCO are pleased to announce the start of a new venture combining BIMCO’s state of the art eLearning courses and the Institute’s global engagement with students.

FONASBA and BIMCO launch new Agency Appointment Agreement

FONASBA and BIMCO are pleased to announce the launch of a new Agency Appointment Agreement document.

BIMCO launches first report on global dry bulk terminal performance

BIMCO is seeking to drive the improvement of standards for ships at dry bulk terminals across the world and has today launched its first report on terminal performance.

Leading experts at BIMCO seminar say maritime crime increasing

Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity. This was the consensus at BIMCO’s first ever Maritime Security Seminar in Copenhagen yesterday.

EU Council extends operation to deter piracy off Somalia until 2018

BIMCO is pleased to confirm the decision taken by the EU Council to formally extend the mandate of the EUNAVFOR Operation ‘ATALANTA’ to deter, disrupt and repress acts of piracy off the coast of Somalia until 31 December 2018.

Meet BIMCO at the 3rd China Maritime Finance Summit

The theme of the summit is “New Opportunities, New Reforms, New Patterns: Diversified Development in China’s Maritime Finance”.

39th Motorship Propulsion & Emissions Conference 2017

Discount available for owner members.

Meet BIMCO’s Chief Shipping Analyst at S&P Global Platts - Global Crude Oil Summit 2017

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking at the 10th Global Crude Oil Summit on 10-11 May 2017 at the Millennium Mayfair Hotel in London, United Kingdom.

Meet BIMCO’s Chief Shipping Analyst at Dry Cargo Conference 2017 - POSTPONED to 2018 -

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking at the Dry Cargo Conference taking place on 1-2 June 2017 at the RAI Exhibition and Convention Centre in Amsterdam, The Netherlands. Discounts for BIMCO members available.

Join young professionals at the Shipping Network PRC in Shanghai

BIMCO encourages members to join this particular event to meet and exchange views, experiences, and ideas with others, including shipowners, brokers, agents, and clubs.

Meet BIMCO’s Chief Shipping Analyst at Global Liner Shipping Conference 2017

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking at the Global Liner Shipping Conference taking place on 15-17 May 2017 at the Kempinski Hotel in Hamburg, Germany.  

BIMCO looking at the Maritime Single Window at FAL 41

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

Cargo alert - carriage of wood pellets - some timely BIMCO advice!

Some advice in respect of the new wood pellet entries in the IMSBC Code, Amendment 03-15 (2016 Edition) based on a recent enquiry from a member.

IMO issues new list of designated national competent authorities for solid bulk and grain cargoes

Equip yourself with the latest list of designated national competent authorities for carriage of solid bulk and grain cargoes.

Launch of watertight doors awareness campaign

Watertight doors are crucial for reducing ship vulnerability in cases of flooding, and due to re-occurring deficiencies during surveys, and accidents leading to injuries and fatalities, GARD and DNV GL have joined forces to launch an awareness campaign on watertight doors. 

IMO’s Legal Committee encourages ratification of 2010 HNS Protocol

At last week’s meeting of the Legal Committee of the International Maritime Organization (IMO), states repeated their support for the international liability and compensation regime for damage in connection with the carriage of hazardous and noxious substances by sea. 

US regulations affecting your ships - get the March update!

This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members.  The full CSA report is also provided.  

Fake invoices

BIMCO has been advised of yet another attempted fraud by a company which demanded payment from a BIMCO member for services never requested by, or rendered to, their ship.

Fake invoices

BIMCO has been advised of an attempted fraud by a company which demanded payment from a BIMCO member for services never requested by, or rendered to, their vessel

Fake invoices

BIMCO has been advised of another attempt of fraud by a company, which presented a BIMCO member with an invoice for services...

Fake invoices

BIMCO has been advised of a recent attempt of fraud by a company which presented a BIMCO member with an invoice for services...

Beware of fraudsters trying to trick principals into paying into the wrong account

BIMCO has recently been made aware of more attempts by fraudsters trying to trick owners into paying into the wrong account...

How to avoid the latest cargo frauds

BIMCO shares warning signs on the latest cargo fraud scams

The Philippine province of Zambales - Update on local fees that appear to conflict with UNCLOS

Ships have been charged with “user fees” related to a 'monitoring' system implemented in the Philippine province of Zambales. BIMCO believes this system is inconsistent with UNCLOS.

US regulations affecting your ships - get the February update!

This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members.  The full CSA report is also provided.  

Philippines – update on local fees that appear to conflict with UNCLOS

Ships have been charged with “user fees” related to a 'monitoring' system implemented in the Philippine Province of Zambales. BIMCO believes this system is inconsistent with UNCLOS. An update highlights a number of changes that have not been addressed.