20 December 2017
It looks like 2018 will be a year that shipowners should take advantage of, as the dry bulk fleet is likely to grow at the slowest pace seen since 1999, and BIMCO sees global demand growth outstripping supply growth in 2018.
04 July 2017
The BIMCO Standard General Average Absorption Clause, for use in marine insurance policies, was updated in 2017 to give effect to the revised York-Antwerp Rules 2016. Further modifications have now been made to streamline the basis for determining insurers’ payments. Details are set out below together with advice on adapting the clause where the underlying marine insurance policy covers more than one vessel.
The 2018 clause should be used in place of the 2017 provision. The original 2002 version of the Clause, based on the York-Antwerp Rules 1994, should no longer be used.
07 May 2018
The BIMCO Bunker Terms 2018 is a standard contract for the purchase and supply of marine fuels to ships. The latest edition of this contract is BIMCO Bunkers Terms 2018.
Copyright in the BIMCO Bunker Terms 2018 is held by BIMCO.
04 January 2018
2017 was a year of change. Much of it for the better, but a cautious approach is still needed for 2018 to maintain the progress already achieved.
20 December 2018
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last year. An almost total halt in Panamax demolitions has been an important factor behind this fall, with demolition in every ship segment down.
22 January 2018
The single sign on feature for the BIMCO Shipping KPI system will be ready shortly. On 26 February 2018, BIMCO will hold a relaunch event for the BIMCO Shipping KPI in Cyprus.
19 April 2018
Hamburg, Germany is the next stop in our series of BIMCO Shipping KPI relaunch events. Register now for this free event being held on Tuesday 24/04/2018.
22 May 2018
20 December 2018
BIMCO Shipping KPI has a succesful 2018.
05 January 2018
The IMO's Convention on Facilitation of International Maritime Traffic (FAL), has new updates effective from 1 January 2018.