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BIMCO supports global seabed mapping initiative

08 April 2021

Knowing the depth and shape of the seafloor (bathymetry) is fundamental for our understanding of ocean circulation, tides, sediment transport and environmental change. Currently, and despite many years of effort, less than 20 per cent of the ocean seafloor has been mapped. Therefore, BIMCO supports the Seabed 2030 initiative and encourages the industry to contribute with input into the project via an online survey.

Cyber compliance in the crosshairs

23 March 2021

The International Maritime Organization’s (IMO) latest resolution offers a much-needed path to help prepare for cyber attacks, which are seen as increasingly likely in this digital age. Since January, shipowners and operators have been obliged to assess and prepare for cyber threats to comply with the new resolution.

The impossible mission of improving operational efficiency year after year

23 March 2021

The International Maritime Organization (IMO) recently approved regulatory changes that will require ships to improve their CO2 emissions per transport work annually. In the best-case scenario, the new amendments may not be damaging to the industry’s efforts to reduce its carbon footprint. In the worst-case scenario, the ships’ CO2 emissions will rise, as more ships will be needed to obtain the required improvements.

Tanker market report 19 March 2021

22 March 2021

In some ways, EU carbon prices could be viewed as a barometer of mounting environmental pressure not just within Europe but on a global scale. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

BIMCO and RINA propose method to calculate energy efficiency of existing ships

10 March 2021

BIMCO and the Royal Institution of Naval Architects (RINA) have identified a need for – and therefore proposed - an alternative method to determine an accurate reference speed in connection with a carbon reduction framework currently under development by the International Maritime Organization (IMO). The aim is to secure that older ships also can obtain a reliable energy efficient design index (for existing ships), even if the original sea trial data from when the ship was delivered, is lost.

Industry backs United Nations $5 billion "moon-shot" programme to decarbonise shipping

10 March 2021

Responding to the UN Secretary-General’s call for “urgency and ambition” on climate change, the entire global shipping industry is giving “full and unequivocal” backing to a moon-shot proposal submitted by governments, to catalyse the complete decarbonisation of maritime transport by deployment at scale of zero-carbon ships within a decade.