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Sierra Leone to implement IMO 2020 penalties for non-compliant fuel
12 August 2021From 1 September 2021, ship owners and operators calling at ports in Sierra Leone risk penalties of up to USD 15,000 if they carry fuel with a sulphur content exceeding 0.5 percent. Ships or members experiencing problems related to enforcement of MARPOL Annex V or unavailability of compliant fuel are encouraged to inform BIMCO via email hsse@bimco.org with “IMO 2020” in the subject field.
Fuel spread now available for 32 ports on BIMCO website
07 November 2019BIMCO members can now monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX.
BIMCO’s LNG Bunker Terms published
09 May 2023As the shipping industry evolves by shifting towards the use of alternative fuels that will be more sustainable in the future, BIMCO publishes the first of many more supply terms addressing this issue. The LNG Bunker Terms are now available for use as a simple Annex B to the existing BIMCO Bunker Terms 2018.
Fuel price spread by Mabux
30 January 2021BIMCO members can monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX.
Seminar: BIMCO carbon clauses, EU maritime fuel regulation, and the updated SHIPMAN contract
02 April 2024Join us for an insightful seminar on "BIMCO Carbon Clauses, EU maritime fuel regulation, and the updated SHIPMAN contract" at the South China International Arbitration Centre in Hong Kong.
ISO issue letter of conformity ahead of 2020 sulphur cap
18 July 2018The 2020 0.50% sulphur limit for fuel oil used outside emission control areas will undoubtedly create operational issues for crews onboard ships. The International Organization for Standardization (ISO) has now issued a letter in this regard rebutting these claims.
Liquid cargo of the month - Bio-fuel blends Gasoline and Ethyl alcohol
21 February 2023The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers on board tankers and should only be used as a reference tool providing brief information regarding the approximately 310 commonly transported liquid cargoes including Bio-fuel blends Gasoline and Ethyl alcohol .
IMO to further develop IGF code
17 September 2018BIMCO attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5) to further develop the International Code of Safety for Ships using Gases or other Low-flashpoint Fuels.
Jet fuel volumes down 27% on 2019, Chinese re-opening to offer relief
18 January 2023The airline industry has been hit hard during the COVID-19 pandemic and seaborne jet fuel cargo volumes suffered along with it. In comparison to pre-pandemic levels, available seat kilometres dropped nearly 90% in early 2020.
