08 January 2018
08 January 2018
SmartCon will be the long-term successor for IDEA. Based on the latest Microsoft technology, it will ensure that we can continue to offer our industry-known contracts for years to come.
23 June 2017
BIMCO expected newbuild activity to pick up, so the recent development is not surprising. It is however not what the industries needs.
As the dry bulk -, crude oil - and oil product tanker shipping sectors are all struggling with very low freight rates, it is important that the recent development in contracting activity reflects a short-term trend.
18 December 2014
The Chinese manufacturing sector is set to contract in December, breaking the six-month expansion streak that has been going since April. The HSBC flash PMI (Purchasing Manager Index) compiled by Markit dropped to 49.5, down from 50.0 in November.
04 December 2015
The current newbuilding prices for dry bulk ships has dropped so much, that they are now at the lowest level since 2003. As they have just passed the lows of 2012 heading downwards.
13 February 2017
BIMCO is working together with the International Spill Control Organization (ISCO) to develop spill response contracts for use when an incident has occurred and a fast response is needed.
03 May 2018
BIMCO’s Documentary Committee approved a new set of standard bunker terms, developed by a cross-industry group, in New York on 2 May. The BIMCO Bunker Terms 2018 improve on the previous edition with a maximum limit of the parties’ liabilities – a key change that will lead to wider adoption of the contract.
27 July 2018
Personal Data Protection Clauses for SHIPMAN, CREWMAN, SUPPLYTIME and GUARDCON are available now. These are additional clauses that can be added to specific BIMCO contracts if parties need wording to cover personal data protection legislation.
06 September 2017
BIMCO and the Global Shippers Forum (GSF) are working together to promote the benefits of using their jointly published SERVICECON “readymade” service contract.
21 November 2016
A review of the increasingly widely used BIMCO Terms 2015 standard bunker contract began at a recent meeting held at BIMCO House.