Latest news by topic

Webinar on new General Agency Agreement

Join us on Thursday 5 April at 9.00 CET (10.00 CEST) to hear about the newly published BIMCO/FONASBA General Agency Agreement.

Stakeholder input pushes term sheet toward completion

SHIPTERM B for syndicated loans, will soon join BIMCO’s bilateral ship finance term sheet as part of the organisations’ venture into standard ship financing documents. 

Have you seen BIMCO's quarterly digital Bulletin? Latest now available to read

The latest BIMCO digital Bulletin is now available and is packed with great articles.

IMO adopts important steps towards decarbonisation

MEPC held this week, adopted a new initial IMO strategy of GHG emissions of ships, which will pave the way for decarburization.

New emissions-strategy adopted at IMO

BIMCO is very satisfied with the Green House Gas (GHG) strategy adopted by the International Maritime Organization (IMO) at the Marine Environment Protection Committee on April 13. The strategy outlines a target to reduce GHG emissions by at least 50% by 2050 compared to 2008 while pursuing efforts towards phasing them out.

BIMCO applauds new IMO emissions-strategy

“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration,” says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting.

New lifeboat ventilation requirements of survival crafts enhances the safety and survivability of the seafarer

The IMO’s Sub-Committee on Ship Systems and Equipment (SSE 5) agreed on measures improving the microclimate in totally enclosed lifeboats

Lifeboat safety and lifting appliances tops the agenda at this week’s IMO meeting

The IMO’s Sub-Committee on Ship Systems and Equipment (SSE 5) meeting will concentrate on saving seafarers’ lives by improving regulation on lifesaving appliances. Further new regulations on lifting appliances and anchor handling winches, cold ironing and watertight doors will be discussed in detail.

Making life easier for the bridge team

At the 5th session of IMO Sub-Committee on Navigation, Communications and Search and Rescue (NCSR) – good progress was made to improve the safety of navigation; and to reduce the workload and stress level of the bridge team

Industry Releasable Threat Assessment and Bulletin

This document provides the most recent information available affecting merchant ships in the Red Sea, Gulf of Aden, Gulf of Oman and Western Indian Ocean.

Weekly piracy reports and analysis

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

Industry Releasable Threat Assessment and Bulletin

This document provides the most recent information available affecting merchant ships in the Red Sea, Gulf of Aden, Gulf of Oman and Western Indian Ocean.

Sanctions related to the Democratic People’s Republic of Korea (North Korea)

The President of the United States of America has signed an Executive Order ‘Imposing additional sanctions with respect to the Democratic People’s Republic of Korea (North Korea)

Early warning issued by New Zealand for Asian Gypsy Moth regulations

A new set of Asian Gypsy moth (AGM) regulations has been issued by the Ministry for Primary Industries (MPI), New Zealand (NZ). Members entering or intending to enter NZ waters need to familiarise themselves of these new requirements.  

Philippine immigration restrictions

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

IMO may approve prohibition on the carriage of non-compliant fuel oil in 2020

The International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC 72) will meet next week, where a prohibition on the carriage of non-compliant fuel oil with a sulphur content exceeding 0.50% is on the agenda.

New bauxite cargoes in BIMCO solid cargo database

Members can now view the two new cargo entries, Bauxite and Bauxite Fines, in the BIMCO solid bulk cargo database. These cargoes are to be read in conjunction with International Maritime Organization (IMO) circular CCC.1/circ. 2/rev. 1.

Calcium hypochlorite in containers – Timely guidance issued for safe carriage

Guidelines issued for shipment of calcium hypochlorite in containers available.

BIMCO’s market analysis team launch supply side graph section

BIMCO’s market analysis team launches a graph section, where BIMCO members can get an overview of a specific sector and how the supply side of that sector develops.

Meet BIMCO’s Deputy Secretary General and Chief Shipping Analyst in Odessa

BIMCO’s Deputy Secretary General Søren Larsen and Chief Shipping Analyst Peter Sand will be visiting Odessa, Ukraine to participate at the Grain & Maritime Days on 24 – 25 May 2018 at Black Sea Shevchenko Park Hotel, Odessa, Ukraine.

A trade war is harmful to us all and clearly bad for global shipping

Free trade provides prosperity and peace. It’s a fundamental principle to cherish and safeguard. All trade-restrictive measures are in principle bad for shipping. Right now, the international atmosphere is full of threats of retaliation and it appears likely that major trading partners with the US like the EU and China will hit back to draw a line in the sand for the US Administration and President Trump.

BIMCO applauds new IMO emissions-strategy

“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration,” says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting.

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.

BIMCO relaunch ship benchmarking system

BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.

Plague outbreak in Madagascar - what you need to know

Information about the plague outbreak in Madagascar and any advice needed. 

Cargo Alert -be aware of the liquefaction danger of loading nickel ore from Philippines and Indonesia

BIMCO reminds members of the dangers of loading nickel ore cargoes from Philippines and Indonesia.

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

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.

Suez Canal Sea Trials – owners’ or charterers’ costs under time charter?

BIMCO has received numerous questions related to the costs of “sea trials” in the Suez Canal – mainly creating disputes for ships transiting for the first time.

Indian service tax - update 5 May

BIMCO continues to hear back from members on the issue of the Indian Service Tax. 

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.

BIMCO Shipping KPI standard version 3.0 activated as of 2018-Q1

Exciting news!  BIMCO Shipping KPI version 3.0 - activated

BIMCO relaunch ship benchmarking system

After two years of redesign, BIMCO relaunches ship benchmarking system, Shipping KPI. The system helps shipowners and managers make strategic decisions about their fleet.