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With the strapline, "Together for implementation", COP27 in Sharm El-Sheikh, Egypt aims to turn climate pledges into action.
BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback. SHIPLEASE is an indicative term sheet for use in both operating and finance leases. It has been developed mainly for second-hand ships but can be adapted to fit newbuildings.
Safety at Sea and BIMCO have published a white paper containing advice based on results and findings from Cyber Security Surveys produced over the last four years, as well as on feedback and knowledge from experts at roundtable events.
Disruption to crude exports is nothing new, however recent geopolitical events have highlighted the precariousness of crude exports in some parts of the world, particularly where exports involve transiting another nation. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.