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Following a recent system update and migration to new servers, BIMCO’s ship performance benchmarking tool, Shipping KPI, now provides you with new features and a more user-friendly design.
BIMCO welcomes the development of IMO guidelines on safe operation of on-shore power supply service in port (cold ironing), but believes caution must be taken when considering cold ironing to be a sustainable technical solution.
The updated version of SHIPMAN, BIMCO’s widely used ship management agreement, was adopted by the Documentary Committee at its meeting on 22 March in Hamburg after a two-year review process involving shipowners, managers, P&I Clubs, insurance and legal experts.
Since 2006, the average container ship has doubled in size to 4,580 TEU and ships with a capacity of more than 12,000 TEU has accounted for 51% of the fleet’s capacity expansion. Today, just 626 ships provide 36% of the fleet’s capacity, and the trend is set to continue as the large ships dominate the order book.
Successfully implementing a Just In Time (JIT) arrival scheme is dependent not only on an efficient operational framework but also on important contractual considerations. Therefore, BIMCO has formed a small group of experts to help draft a new Just In Time Clause which will focus on these contractual issues.
Whilst we all know that one person can have a positive impact on any given situation, just think what impact 17 of the major oil companies, charterers, trading houses and miners could have on the environmental impact of ship emissions. Weekly tanker market report by Gibson Shipbrokers.
The move to zero emissions transport will be a very long and winding one, in which by all accounts the transport sector and in particular shipping, will be one of the last to fully make the transition. Weekly tanker market report by Gibson Shipbrokers.
The industry’s first ever standard ship conversion contract, CONVERSIONCON, complements BIMCO’s other ship repair and construction contracts. It is available for use on BIMCO SmartCon today.
Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days, up from nine days average between 2018 and 2022 and well above the global average of five days for grain loadings in 2023.
