CCC 4 recognises GBWG research and finalises Bauxite carriage requirements

The IMO Sub-committee for the Carriage of Cargoes and Containers (CCC) succeeded in finalising the carriage requirements for bauxite cargoes based on GBWG's bauxite research, paving the way for safe carriage of these cargoes.

Good progress on syndicated term sheet for ship financing

The subcommittee set up to develop a syndicated version of SHIPTERM, BIMCO’s new standard bilateral term sheet, made good progress at its second meeting on 7-8 September in London.

BIMCO launches new guidance for seafarers on avoiding life boat accidents

BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries.

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Good progress on syndicated term sheet for ship financing

The subcommittee set up to develop a syndicated version of SHIPTERM, BIMCO’s new standard bilateral term sheet, made good progress at its second meeting on 7-8 September in London.

BIMCO and GSF join forces to promote readymade container volume contract for shippers and carriers

BIMCO and the Global Shippers Forum (GSF) are working together to promote the benefits of using their jointly published SERVICECON “readymade” service contract.

Join BIMCO’s New York seminar on the new ship financing term sheet

We are pleased to invite you to join us in New York on 28 September for a seminar hosted jointly by BIMCO and Blank Rome LLP on BIMCO’s new standard term sheet for bilateral ship financing transactions, SHIPTERM. 

The Port of Singapore discovers fraud and bans two bunker suppliers.

Singapore Port Authority drives a hard line on bunker fraud.

Last minute reminder about the BWM Convention key issues

The IMO International Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM Convention) enters into force and all ballast water to be discharged on or after 8 September 2017 must be either D-1 or D-2 compliant.

US regulations affecting your ships - get the August 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 August report is also provided. 

New standards for port calls makes the stay much easier

New definitions for a ship’s stay in port will increase efficiency.

CCC 4 recognises GBWG research and finalises Bauxite carriage requirements

The IMO Sub-committee for the Carriage of Cargoes and Containers (CCC) succeeded in finalising the carriage requirements for bauxite cargoes based on GBWG's bauxite research, paving the way for safe carriage of these cargoes.

BIMCO launches new guidance for seafarers on avoiding life boat accidents

BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries.

Weekly piracy reports and analysis

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

Introduction of a Maritime Security Transit Corridor in the Bab Al Mandeb

Combined Maritime Forces (CMF) have introduced a Maritime Security Transit Corridor linking the Internationally Recognised Transit Corridor (IRTC) in the Gulf of Aden and the Traffic Separation Scheme (TSS) in the lower Red Sea.

Weekly piracy reports and analysis

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

Update on the Qatar situation

The cutting of diplomatic ties with Qatar imposed by a number of Arab states with effect from 6 June 2017 has also impacted the operation of ships in the area due to the restrictions imposed. 

Macroeconomics: Labour market tightens but inflation remains subdued around the globe

BIMCO reported in our previous macroeconomics report in April 2017 that monthly indicators were showing a strengthening in the global economy. The firm growth dynamics in advanced economies have now, four months later, had a cascade effect on some emerging markets and developing economies (EMDE). This solid growth has sparked an appetite for EMDE assets and indicates that the market expects a pickup. 

Container shipping: Solid demand growth reduces spot rate volatility

As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more than 100% from the very low levels of last year, but may still be at a loss-making level now and so spot rates are not the best indicator for market profitability.

Dry bulk shipping: strong demand improves market as it exceeds high fleet growth

Since early July, the capesize rates have gone up and up. By mid-August, they had reached a breakeven level to become profitable. BIMCO estimates that a capesize ship on average fleet financing and operational cost levels, turns profitable when rates are above $15,300 per day.

BIMCO launches Advanced Maritime Training Week for senior managers

BIMCO has launched a new top level course for experienced senior industry professionals.

BIMCO eLearning dramatically refreshed

NYPE 2015 and Chartering courses showcase new training offer. BIMCO has launched the first of a range of updated eLearning courses tailored to meet shipping professionals’ needs, using the very latest content authoring technology and platform.  

BIMCO joins forces with Shipdex to push digitalisation of data

The move will help to drive efficiency, providing standardised information, reducing the administrative burden for ships and administrations. 

Join the BIMCO seminar in Vietnam 7 - 8 September 2017

BIMCO is pleased to join forces with the Vietnamese Shipowners’ Association (VSA) to host a seminar in Hanoi and Ho Chi Minh City respectively, on 7 and 8 September 2017.

Join BIMCO at the Maritime Security Symposium

Join BIMCO's Head of Maritime Security, Phil Tinsley at the SCEG Maritime Security Symposium on Wednesday 13 September in the City of London.

Meet BIMCO in Qingdao for Ballast Water Management Forum

The International Ballast Water Management Technology and Standardization Forum is scheduled to be jointly held by BIMCO and Shipbuilding Information Center of China (SICC) in Qingdao, China from 12-13 September 2017. This event takes place just after the BWM Convention comes into force.

Global Bauxite Working Group Research Report tops IMO Sub-Committee agenda next week

BIMCO will be attending the IMO in London for the 4th session of the Sub-Committee on Carriage of Cargoes and Containers (CCC), which will be held from 11 to 15 September 2017.

UN 3077 EHS Solid Bulk Cargoes - how to comply with carriage requirements under the IMSBC Code

The carriage requirements of UN 3077 environmentally hazardous solid bulk cargoes under the IMSBC Code.

Brazil inspection of aged bulk carriers

The Brazilian Maritime Authority imposes new inspection requirement for aged vessels carrying solid bulk cargoes.

BIMCO launches new guidance for seafarers on avoiding life boat accidents

BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries.

Philippine immigration restrictions

The Philippine government has decided to tighten security regarding entry of certain nationalities into the Philippines.

Riyadh MoU to start concentrated inspection campaign on crew familiarisaton for enclosed space entry

The Riyadh MoU initiates concentration inspection campaign  on crew familiarisation for enclosed space entry

Fake invoices

BIMCO has been advised of yet another attempted fraud by an entity called ...

Fake invoices

BIMCO has been advised of yet another attempted fraud.

Fake invoices

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.  

Shipping KPIs Monthly News - June 2017

KPI Profile is predefined list of KPIs to enhance the presentation of ship performance data.

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.

Shipping KPI April News 2017

Brief introduction to "My Ships" feature with vivid images. The Shipping KPI survey is still available so please check and response if you haven’t. We appreciate your participation  and your contribution.

Shipping KPI March 2017 news

Shipping KPI survey - this is the time for you to express your opinion. Your answers will be analysed for further improvements to the shipping KPI system. The Shipping KPI system announces the 23rd ship attribute called "Ship Status".

BIMCO Shipping KPIs monthly news February 2017

BIMCO Shipping KPIs monthly news February 2017: more features that make the process easier