30 August 2018
Starting a trade war is bad for everyone, and shipping is right in the eye of the storm. Adding a new sanctions regime involving the US and Iran is putting another layer of stress on a shipping industry that is struggling to generate profits. Not surprisingly, the IMF’s estimate for world trade volumes was adjusted downwards for both 2018 and 2019 in July.
14 January 2011
19 June 2019
BIMCO recognises that there is a growing number of newer maritime arbitration venues offering their services to the industry. To assist users who wish to resolve their disputes using arbitration services outside the main London, New York and Singapore venues, BIMCO has prepared a list of links to alternative arbitration centres where users can find out more information about these venues.
31 October 2018
Join us in Shanghai for great networking opportunities and get unique shipping insight via a string of power panels covering current issues in the industry.
29 June 2017
As adopted at the General Meeting in Athens, May 2019
07 October 2020
BIMCO's position on "ballast water management" has been approved by the BIMCO Board of Directors.
22 November 2017
The Standard Deposit Escrow Agreement for Ship Sale and Purchase is a contract for depositing money in connection with ship sale and purchase transaction. The latest edition of this contract is the Standard Deposit Escrow Agreement for Ship Sale and Purchase, issued in 2017.
Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO.
23 September 2020
SHIPLEASE is a standardised term sheet intended for use in ship sale and leaseback transactions. The term sheet has been principally developed for sale and leaseback transactions involving second-hand ships, but it can be readily adapted to fit structures involving newbuildings or vessels that are undergoing major refit. It is suitable for use for both operating and finance leases, although it may need to be adjusted as appropriate. The latest edition of this contract is SHIPLEASE, issued in 2020.
30 November 2017
The United Nations World Food Programme Voyage Charter Party, WORLDFOOD 2017, is a BIMCO approved document to which the UN World Food Programme holds the copyright. The contract is used for shipments of food to emergency areas to save the lives of victims of war, civil conflict and natural disasters. The WORLDFOODRECEIPT 2017 is its accompanying contract of carriage. The latest edition of this contract is WORLDFOOD 2017.
14 June 2017
RESPONSECON is an international spill response contract for hire of clean-up services and equipment following a spill of oil or other hazardous or noxious substances. The contract should not be used for spills occuring in the US – for such spills see US RESPONSECON. The latest edition of this contract is RESPONSECON, issued in 2017.
Use of the contract is free of charge, but below Conditions of Use apply.
Copyright in RESPONSECON is held by BIMCO.