Latest News

  • BIMCO demands 4th IMO GHG Study based on realistic economic growth

    BIMCO has proposed that the Fourth International Maritime Organization (IMO) Greenhouse Gas Study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand - and thereby emissions - of the shipping industry. The proposal has been made to the expert workshop preparing for the study, which is meeting in London 12-14 March.

  • 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.

  • Maritime Labour Convention Consolidated text available now!

    A consolidated Maritime Labour Convention text is now available which includes the 2014 and 2016 amendments. 

  • BIMCO issues new Shipmanagers’ Letter of Undertaking

    A new “Shipmanagers’ Letter of Undertaking” (LoU) is now available on the BIMCO website, together with Explanatory Notes. The LoU sets out shipmanagers’ obligations to lenders financing owners’ purchase of a managed vessel.

  • IMO Committee finalises guide for equipment used in Polar waters

    A sub-committee under the International Maritime Organization (IMO) has finished work on a standard that can guide manufacturers of equipment that will be used in extremely cold weather, offering reassurance to shipowners operating in Polar waters that the equipment will work under the harsh conditions.

  • 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.

Latest news by topic

Only international action will stop increase in piracy: BIMCO

A fresh annual report from the International Maritime Bureau shows that attacks in West Africa pushed piracy numbers up in 2018. In terms of military and law enforcement, an international operation is not complicated, so what is needed above all is the will to act.

Polish Szczecin is top bulk terminal in new BIMCO report

The best performing port, in BIMCO’s Dry Bulk Terminals Vetting Report 2018, is Szczecin in Poland. The report collected input from 144 ships covering 381 terminals. A total of 97% of the reports were rated as average or better, which gave an average rating of 3.6 (out of five). The result is a marginal better than last year’s results.

EU, China and the U.S. needs to support counter-piracy operations in the Gulf of Guinea – BIMCO

Piracy in the Gulf of Guinea is an unacceptable burden to seafarers and shipping companies. Around 40 ships have been attacked in the Gulf of Guinea in the past 12 months. Most recently, six seafarers were kidnapped from the MSC Mandy, which was on the way to Lagos, Nigeria. BIMCO asks, on behalf of its members, that maritime powers increase their presence and expand their collaboration with local states to curb piracy. 

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.

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.

China adopts 0.50% sulphur limit to match IMO regulation

Chinese regulators have tightened its domestic emission control area regulation (DECA) which came into force on 1 January 2019.

China has not yet placed a full ban on open-loop scrubbers

Chinese regulators have updated part of its domestic emission control area (DECA) regulations with effect from 1 January 2019 but has not yet placed a full ban on open-loop scrubbers as reported widely.

China issues new data collection system with immediate effect

China has adopted new regulations concerning the reporting of fuel consumption and energy efficiency with effect from 1 January 2019.

IMO moves closer to standardisation and safer navigation

A sub-committee under the International Maritime Organization (IMO) have forwarded three documents for adoption in June, moving one step closer to the adoption of a standardised system for electronic navigation.

EU-flagged newbuildings to carry IHM

Starting 31 December 2018, EU-flagged newbuildings must carry out an inventory of hazardous materials on board and carry relevant certification.

Shortage of components challenge fire-fighter radio compliance

The deadline for ships to carry two fire-fighter radios on board from 1 July 2018 is proving difficult for shipowners to meet, due to a shortage of components.

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.

Only international action will stop increase in piracy: BIMCO

A fresh annual report from the International Maritime Bureau shows that attacks in West Africa pushed piracy numbers up in 2018. In terms of military and law enforcement, an international operation is not complicated, so what is needed above all is the will to act.

Polish Szczecin is top bulk terminal in new BIMCO report

The best performing port, in BIMCO’s Dry Bulk Terminals Vetting Report 2018, is Szczecin in Poland. The report collected input from 144 ships covering 381 terminals. A total of 97% of the reports were rated as average or better, which gave an average rating of 3.6 (out of five). The result is a marginal better than last year’s results.

China has not yet placed a full ban on open-loop scrubbers

Chinese regulators have updated part of its domestic emission control area (DECA) regulations with effect from 1 January 2019 but has not yet placed a full ban on open-loop scrubbers as reported widely.

China issues new data collection system with immediate effect

China has adopted new regulations concerning the reporting of fuel consumption and energy efficiency with effect from 1 January 2019.

Aluminium dross bulk shipment in containers – Explosion incident

Warning of explosive incidents that could occur with shipment of aluminium dross in bulk containers.

Important changes to the BIMCO Solid Cargo Database

To inform members on coming changes to the online BIMCO Solid Cargo Database.

IMDG Code 2018 amendment 39 -18

Amendment 39-18 will be incorporated into the International Maritime Dangerous Goods Code (IMDG), 2018 Edition, and come into force on 1 January 2020.

Chinese dry bulk imports showed signs of distress in 2018

Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal grew 3.7% in 2018, this was slower than the growth in 2017. 

US container imports break records but uncertainty lies ahead

Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017. 

Only two Panamax bulkers demolished in 2018

2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demolition in every ship segment down.

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 helps pave the way for automated ship reporting

As the shipping sector strives for efficiency, BIMCO has provided input at the International Maritime Organisation (IMO) in a bid to facilitate the harmonisation of data ahead of the April 2019 deadline when new mandatory requirements come into force for automated ship reporting.

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.