Latest News

  • BIMCO issues update on Persian Gulf tensions and sanctions clauses

    After the killing of General Qassem Soleimani by a US drone in early January 2020, and the following retaliation by Iran, BIMCO is publishing its view of the escalated tension in the Persian Gulf, as well as advice regarding the new sanctions clauses, and encourages owners, operators and charterers to follow the operational and contractual guidance set out in this article.

  • US Coast Guard introduces new examinations for foreign ships calling US ports

    BIMCO has received information about changes made by the United States Coast Guard (USCG) to its Port State Control (PSC) boarding matrix. 

  • Sounding board to take sale and leaseback project to the next phase

    BIMCO is setting up a sounding board with the aim to engage a broad group of stakeholders in the process of drafting a sale and leaseback term sheet, as the sale and leaseback market continues to expand.

  • BIMCO expands ice information service

    As part of its offering to members, BIMCO has updated and expanded its online database on ice information. Foremost, the web-resource reflects the recently amended Polar Code and the subsequently revised national rules, which regulates navigation in arctic waters. 

  • BIMCO appoints David Loosley as Secretary General & CEO

    BIMCO is pleased to announce that following a thorough executive search, it has appointed David Loosley as its new Secretary General & CEO with effect from June 2020. Mr Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST), the international membership body for all marine professionals, which he has successfully led for the last eight years.

  • 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

BIMCO expands ice information service

As part of its offering to members, BIMCO has updated and expanded its online database on ice information. Foremost, the web-resource reflects the recently amended Polar Code and the subsequently revised national rules, which regulates navigation in arctic waters. 

BIMCO appoints David Loosley as Secretary General & CEO

BIMCO is pleased to announce that following a thorough executive search, it has appointed David Loosley as its new Secretary General & CEO with effect from June 2020. Mr Loosley joins from the Institute of Marine Engineering Science & Technology (IMarEST), the international membership body for all marine professionals, which he has successfully led for the last eight years.

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.

Sounding board to take sale and leaseback project to the next phase

BIMCO is setting up a sounding board with the aim to engage a broad group of stakeholders in the process of drafting a sale and leaseback term sheet, as the sale and leaseback market continues to expand.

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.

Safe berth warranty to be considered by US Supreme Court

BIMCO, Intertanko and Intercargo have filed an Amicus Curiae brief in a case currently before the US Supreme Court. The case raises key issues for the shipping industry, since the verdict will establish who is responsible for the safety of a visiting ship to a berth.

BIMCO publishes interpretation of discord between fuel oil samples

As 1 January 2020 approaches and the sulphur regulation from the International Maritime Organization (IMO) comes into force, BIMCO is experiencing an increase in questions related to the discord between the verification produces for statutory fuel oil samples and commercial fuel oil samples.

Is blending fuel on board allowed to achieve compliance?

The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has raised questions regarding the possibility of blending fuel on board ships to achieve compliance. The questions have prompted BIMCO to offer its view to members on the regulatory aspects of whether on board blending can be considered compliant.

Shipping sector proposes USD 5 billion R&D board to cut emissions

The global maritime transport industry has submitted a proposal to form the world’s first collaborative shipping R&D programme to help eliminate CO2 emissions from international shipping. The proposal includes core funding from shipping companies across the world of about USD 5 billion over a 10-year period.   

BIMCO expands ice information service

As part of its offering to members, BIMCO has updated and expanded its online database on ice information. Foremost, the web-resource reflects the recently amended Polar Code and the subsequently revised national rules, which regulates navigation in arctic waters. 

SOLAS amendments to enter into force on 1 January 2020

The International Maritime Organization (IMO) has issued a set of important amendments to the International Convention for the Safety of Life at Sea (SOLAS), as well as various codes mandatory under the Convention. The changes will enter into force on 1 January 2020 and can be viewed below.

BIMCO restructures committees to balance safety and environment

BIMCO’s committee structure will change to reflect the increased importance of the environment while maintaining a thorough debate on safety. The BIMCO Board of Directors agreed to the change at a meeting in December.   

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.

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.

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.

BIMCO makes Holiday Calendar improvements and change to distribution

As holidays are not static, but constantly changing, BIMCO’s Holiday Calendar is an invaluable tool for many in the industry. Starting with the 2020 edition, BIMCO has made improvements and changes to the accessibility and distribution of the calendar.

BIMCO improves its Port Information database

BIMCO has a proud tradition for providing the maritime industry with reliable information on port facilities, working hours and national holidays. In order to provide the best solution, BIMCO’s port information database has been restructured and updated.

BIMCO Ice Information section - complete update

Check out our BIMCO Ice Information section which has been completely updated.

BIMCO supports new Group A definition of cargoes that may liquefy

BIMCO has contributed to a discussion at the IMO to change the definition of Group A cargoes that may liquefy, after new research on liquefaction of bauxite cargoes concluded that dynamic separation can also affect cargo stability in addition to liquefaction.

Is your bulk cargo exempted from requiring a ship having CO2 fittings?

BIMCO advises on how you could check whether your solid bulk cargo is exempted from having a requirement to have a ship fitted with a fixed gas fire-extinguishing system.

Peter Sand to share market insights in Málaga, Spain and Amsterdam, Netherlands.

Join Peter Sand as he provides his latest dry bulk outlook at the INTERCEM Shipping Forum in Málaga, Spain on 21 January 2020.

Supply and demand trending off balance

One of the most worrying trends that has developed recently - which will affect shipping demand in the years to come - is the falling trade-to-GDP ratio.

Peter Sand to present BIMCO’s 2020 market outlook

2020 marks a milestone for the shipping industry with the IMO 2020 Sulphur Cap set for implementation on 1 January 2020. Join BIMCO’s Chief Shipping Analyst, Peter Sand, as he offers his take on what the year will bring for the container shipping segment and the shipping industry in general.

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.

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.

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.

IMO starts work to identify Autonomous Ships regulation

The IMO’s Maritime Safety Committee (MSC) considered the ongoing scoping exercise to identify affected IMO regulations by Maritime Autonomous Surface Ships (MASS) at its 101st session in which the Maritime Technology & Regulation and Security departments represented BIMCO.