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If you missed the “SHIPTERM” webinar on 27 January don’t worry, the recording of the webinar is now available for viewing.
The standard term sheet for bilateral ship financing transactions adopted by BIMCO’s Documentary Committee has now been published together with explanatory notes on IDEA. A copy of the term sheet, codenamed SHIPTERM, and explanatory notes are also available.
BIMCO has hosted a panel session on arbitration in Shanghai to discuss current issues such as the future of arbitration centres, the impact of BREXIT, the impact from the emergence of China as a leading shipping nation and much more.
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.
On 21 March, the subcommittee established to develop a standard term sheet for syndicated ship financing transactions met for the first time to consider how to approach the work ahead.
An ”L-shaped” market in the making? Demand: The overall sluggish demand picture has resulted in slow steaming and idle capacity equal to 550 vessels comprising 10% of current trading fleet or 1.3 million TEU.
Can tankers escape the doldrums and unleash cramped demand on the back of higher oil demand?
The world economy has stopped shrinking – Coming quarters could prove strong. Global economy: The International Monetary Fund is expecting a V-shaped recession with fairly quick recovery and positive quarterly growth figures in 2010. However, this is just one of
Much depends on whether public stimulus will be followed by “real” demand. Global economy: The global economy has returned to positive growth following dramatic declines.
