Latest news by topic

The new digital BIMCO Bulletin is out

The new BIMCO magazine the “Bulletin” is out and zooming in on challenges and questions asked ahead of the 2020 sulphur cap. “Sulphur cap consequences will draw focus for two years,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why shipowners urgently need a fuel-management plan.

Bad bunker risk will rise in 2020: Bunker states must take action

Recent reports of a rise in fuel contamination cases have increased the industry’s concerns over quality and safety of blended fuels as 2020 approaches. And for a good reason. A spike in demand for new low sulphur blends from 1 January 2020 will greatly increase the risk of contamination. Lars Robert Pedersen, Deputy Secretary General of BIMCO calls for bunker states to take responsibility.

Fit for purpose: are your bunker clauses 2020 ready?

Technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime understandably loom large in people’s minds. But the importance of the contractual dimension should not be overlooked. BIMCO is forging ahead with an all-encompassing 2020 Clause for charter parties, which should be published in November. 

Data protection clauses for BIMCO contracts released

Personal Data Protection Clauses for SHIPMAN, CREWMAN, SUPPLYTIME and GUARDCON are available now. These are additional clauses that can be added to specific BIMCO contracts if parties need wording to cover personal data protection legislation. 

New clause in the pipeline to address the 2020 global sulphur limit

In response to the global sulphur limit of no more than 0.50% that will come into force on 1 January 2020, BIMCO has established a subcommittee for the development of a charter party clause that will address the issues related to the new regulations.

New bunker terms now available for use

The new BIMCO Bunker Terms 2018 that were approved by the Documentary Committee last week in New York have now been published. Sample copies of the BIMCO Bunker Terms 2018 together with comprehensive explanatory notes are available from BIMCO’s website. Secure and authenticated Word copies are available from BIMCO’s contract editing systems IDEA and SmartCon.

BIMCO publishes list of options for discharging scrubber wash water

BIMCO issues a list of scrubber regulation related to the discharge of the wash water

China tightens 0.5% sulphur regulation in Yangtze Delta

China changes its ECA timeline again

Bad bunker risk will rise in 2020: Bunker states must take action

Recent reports of a rise in fuel contamination cases have increased the industry’s concerns over quality and safety of blended fuels as 2020 approaches. And for a good reason. A spike in demand for new low sulphur blends from 1 January 2020 will greatly increase the risk of contamination. Lars Robert Pedersen, Deputy Secretary General of BIMCO calls for bunker states to take responsibility.

IMO to further develop IGF code

BIMCO attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5) to further develop the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels.  

BIMCO attends meeting to work on Cargo Stowage and Securing Code

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.

IMO: Carriage of Cargoes and Containers - cargoes that may liquefy

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization’s (IMO) Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.

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.

WEEKLY PIRACY REPORTS AND ANALYSIS

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

Pest Alert – Brown Marmorated Stink Bug – Vessels Beware!

Seasonal measures introduced by Australia, New Zealand and Chile to combat marmorated stink bug risk.

Maritime authorities kick off a concentrated inspection campaign (CIC) on air pollution

The Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control starts a inspection campaign on MARPOL Annex VI (Air pollution) from 1 Sept to 30 Nov 2018 – Checklist and Guidance provided.

Vessel General Permit (VGP) 3.0 – Where is it?

This is an extract of a report 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. The full CSA report is also provided. 

BIMCO attends meeting to work on Cargo Stowage and Securing Code

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.

IMO: Carriage of Cargoes and Containers - cargoes that may liquefy

BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization’s (IMO) Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.

IMO: Non hazardous ammonium Nitrate-based fertilisers discussion split into two schedules

Progress was made at the Sub-Committee on Carriage of Cargoes and Containers (CCC 5) largely due to contributions made by various delegations providing information and data on the different types of ammonium nitrate based fertilsers (ANBF) that are carried as non-hazardous, a Group C classification in the IMSBC Code.

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.

Dry Bulk Shipping: An improving market, even as iron ore imports slip and the fleet grows faster.

When profits finally arrive, everyone breathes a sigh of relief. Several years of very bad markets have come to an end, but how do we retain the profitable freight rates?  

Container Shipping: it is obviously very difficult to hold down fleet growth to improve the market.

The capacity of the fleet is growing too fast for the demand to cope with it. All three aspects of the supply side have pushed up the fleet growth – in nominal as well as active terms.

Tanker shipping: A record poor tanker market with a growing fleet is prolonging the crisis

The continued severity of the tanker market conditions has made owners dig deep into the oversupply of capacity. Still BIMCO expects the tanker fleet to keep growing. A short-term rate recovery is not expected, as it is ‘maintenance season’ for the global refining industry in September and October.

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.