08 January 2020
Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by. We put all the thoughts in a magazine. This year is no different, and a range of BIMCO people have written their opinions on what the new year will bring.
18 July 2018
14 January 2020
The exuberance displayed during the final few weeks of 2019 and the onset of 2020 has showed no signs of abating, with several increasingly impressive sales taking place at ever increasing numbers.
The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
17 September 2018
The sulphur cap of 0.50% coming into force on January 1 2020 has wide implications for the entire maritime sector and beyond. BIMCO will address contractual, commercial, regulatory and technical issues to assist our members in navigating the complex implementation of the new regulation as a priority issue. This section will contain articles and relevant information to our members on this key topic.
28 June 2018
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.
01 November 2018
BIMCO’s 2020 Bunker Clause working group is pushing hard to finish work on two key clauses addressing the global switch to 0.5% sulphur content fuel on 1 January 2020.
04 September 2018
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.
26 September 2018
BIMCO will produce several clauses dealing with specific issues related to 2020, as making one clause to fit all concerns was deemed unworkable. The first 2020 clause – focused on compliance - may be published as soon as end October.
06 August 2019
The International Maritime Organization (IMO) has approved and published a unified interpretation to MARPOL Annex VI in relation to applying the 2020 sulphur requirements to onboard emergency equipment.
18 July 2018
The 2020 0.50% sulphur limit for fuel oil used outside emission control areas will undoubtedly create operational issues for crews onboard ships. The International Organization for Standardization (ISO) has now issued a letter in this regard rebutting these claims.