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May 2018

US regulations affecting your ships - get the April 2018 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 April report is also provided.

January 2018

New VAT changes on services supplied in Algeria

BIMCO has been informed by members in Algeria that VAT is now payable on services supplied to ships.

October 2017

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.

May 2017

Indian service tax - update 5 May

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

March 2017

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.  

February 2017

Measures tightened to control outward remittances from China

Recently, China’s State Administration of Foreign Exchange (SAFE) has tightened up measures to control outward overseas remittances with a view to curbing Chinese capital outflows.

January 2017

Indian service tax change imposed affecting owners and operators of ships calling India to discharge

On 12 January the Indian Government issued notifications related to the payment of Service Tax. 

November 2016

Greek bunkering update

Further to our recent update about the new Greek regulations for bunkering, please note that the competent Directorate of the Ministry of Finance has issued a circular providing additional clarification on this topic.