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US to impose tough Port State Control measures on Cyber risk management

24 November 2020

United States requires all ships, U.S. flagged ships and foreign flagged ships that call on ports in the U.S, to ensure cyber risk management is appropriately addressed in their safety management system by the company's first annual verification of the Document of compliance after January 1, 2021. Failure to this requirement may result in detention of ship in US port.

Ship arrest clauses focus on “sphere of responsibility”

14 June 2019

BIMCO has published two clauses that take a balanced approach to termination risk following ship arrest, in response to cases seen in recent years when some dry cargo charterers have tightened procedures to arrest under a charter party.