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BIMCO has taken the decision to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 - the ship management sector's "go to" standard agreements.
The updated 2024 version of BIMCO’s widely used ship management contract SHIPMAN is now available for use in SmartCon and on the BIMCO website accompanied by explanatory notes .
The latest BIMCO digital Bulletin is now available and is packed with great articles.
Late last week, the Government of Iraq won an international arbitration award upholding Baghdad’s sovereignty over exports from oil produced in the Kurdistan autonomous region. Following the award, Ankara immediately instructed pipeline operator Botas to cease flows on the Kirkuk-Ceyhan pipeline resulting in approximately 400kbd of crude being forced into storage and now mostly shut in. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The introduction of economic sanctions against Russian banks and other interests may restrict insurers or other financial security providers from processing claims or prohibit payment of claims arising under IMO liability and compensation conventions.
A Maritime Connectivity Platform Consortium (MCC) has been launched to enable the development of the Maritime Connectivity Platform (MCP) and thereby help facilitate the digitalisation of the maritime sector.