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Just in Time Arrival Clause for Voyage Charter Parties 2021

05 March 2021

The Just in Time Arrival Clause 2021 is for use in voyage charter parties where owners and charterers have agreed to operate a just in time arrival scheme that permits charterers to ask owners to optimise the speed of the ship to arrive at a destination at an agreed time. The clause takes a generic approach so that it can also form part of different vessel and port management schemes around the world. It may also be used together with the BIMCO Port Call Data Exchange Clause 2021 which has been designed to encourage wider application and use of the IMO data model framework for the harmonised exchange of ship/port information.

IBC and MARPOL Annex II changes require preparations ahead of 1 January 2021

14 October 2020

Amendments to the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk (IBC Code) and International Convention for the Prevention of Pollution From Ships, 1973 as modified by the Protocol of 1978 (MARPOL) Annex II - Carriage of noxious liquid substances in bulk, will impact all stakeholders in the chemical and Vegetable oils trade. As the amendments enter into force on 1 January 2021, It is recommended that ships replace existing certificates as soon as possible, to make sure the vessels are operational come 1 January.

Demolition report dated 31 December 2021

03 January 2022

With markets down, a quieter festive period has ensued with no fresh (market or otherwise) sales having reportedly taken place and a calmer period of consolidation transpired in the last week of 2021, as the industry reflects on an extraordinary year gone by. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

New GENCON charter party expected in 2021

23 September 2020

The revision of BIMCO’s most widely used voyage charter party – GENCON – is entering its completion phase, as the drafting team will meet during the autumn to process invaluable feedback received by the industry over the summer.

BIMCO COVID 19 weekly report dated 26 November 2021

26 November 2021

This BIMCO COVID 19 weekly report for the week ending 26 November covers Singapore, Brazil, the UK P&I Club and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).

BIMCO COVID 19 weekly report dated 19 November 2021

19 November 2021

This BIMCO COVID 19 weekly report for the week ending 19 November covers Libya, Germany and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).

BIMCO COVID 19 weekly report dated 29 October 2021

29 October 2021

This BIMCO COVID 19 weekly report for the week ending 29 October covers updates from Cuba, Singapore and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).

Demolition report dated 12 February 2021

15 February 2021

Having endured a turbulent start to 2021, subcontinent ship recycling markets continue to gradually stabilize as levels settle in the low USD 400s/LDT The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

BIMCO COVID 19 weekly report dated 3 September 2021

03 September 2021

This BIMCO COVID 19 weekly report for the week ending 3 September covers updates on Argentina, Myanmar, Portugal, Ukraine and USA. Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the International Maritime Organization (IMO), World Health Organization (WHO) and International Labour Organization (ILO).

Demolition report dated 8 January 2021

11 January 2021

It has been an excellent start to 2021 for the international ship recycling industry, as steel gains have pushed the markets on again, particularly in a resurgent Bangladesh, which tops the leaderboard by some distance and for another week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.