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With the latest addition of data regulation coming into force in China on 1 November 2021, it has been reported in the media that the trio of EU GDPR-inspired regulation has caused some disturbance in the availability of Chinese terrestrial AIS data for international shipping. BIMCO believes the regulation will profoundly impact the international shipping industry until the implementation process has been made clear by the Chinese administration
All eyes have been on the BDI and Capesize earnings during December and January trading – but for many different reasons. While staying in very comfortable zones during December 2011, the turn of the year not only meant a new year was coming around but also that old challenges are back with a vengeance.
BIMCO and the Global Shippers Forum (GSF) are working together to promote the benefits of using their jointly published SERVICECON “readymade” service contract.
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