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November 2016

BIMCO adopts ship financing term sheet

In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.

Winners of the BIMCO Awards 2016 announced in Shanghai

BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership, innovation and pioneering business strategy in shipping were clearly recognised by the judges in the choice of winners.

Philippe Louis-Dreyfus: “BIMCO is the trusted partner of the global shipping industry”

BIMCO, the world’s largest shipping association, has today unveiled its new corporate identity and website – following research and testing within its global membership.

October 2016

Shipping industry united in seeking further progress on CO2 at critical IMO meeting

In advance of next week’s critical meeting of the Marine Environment Protection Committee (MEPC 70) at the IMO in London, the global shipping industry has called on IMO Member States to give serious consideration to a joint industry submission regarding the need for further progress on addressing the sector’s CO2 emissions.

New BIMCO website and corporate identity coming soon

An update for members on the upcoming launch.

BIMCO raises serious concern over data on available fuel ahead of MEPC 70 sulphur decision

BIMCO has today voiced serious concerns about some of the conclusions of the official study that will inform the decision of the MEPC over the implementation date of the 0.5% global sulphur cap.

BIMCO launches new analysis on the wider impact of the dry bulk crisis

BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of the current crisis the sector can only return to profitability in 2019 if shipowners deliver “zero supply side growth”, year on year.

September 2016

BIMCO supports shipowners with concise, practical ballast water management guidance

BIMCO and Fathom have published an updated 2016 edition of their practical, step-by-step guidance publication that helps shipowners understand ballast water management requirements.

IMO Ballast Water Convention entering into force on 8 September 2017

BIMCO is “deeply concerned” that shipowners will be without treatment systems approved for global use.

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