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Did you know that alongside its work at the International Maritime Organization (IMO), BIMCO has observer status at the London Convention/London protocol, the United Nations Framework Convention on Climate Change (UNFCCC) and the International Oil Pollution Compensation (IOPC) Funds? In fact, the observer role is one of the backbones of BIMCO’s work. Here’s why it matters.
The 79th meeting of the IMO Marine Environment Protection Committee (MEPC) took place from 12 to 16 December. Key decisions and discussions are highlighted.
It can be difficult to determine if shipowners or charterers are responsible for accounting and reporting the GHGs emitted by a ship. This article helps determine where the responsibility for accounting and reporting of GHG emissions from ships lies under different types of charter parties.
The focus on underwater radiated noise (URN) from shipping has significantly increased over the past few years. As a result, the International Maritime Organization (IMO) has decided to raise awareness of the issue by drawing on lessons learned from the recently updated, non-mandatory IMO Guidelines. These aim to monitor the impact of URN from shipping and assess the efficacy of different mitigation solutions.
"The world has to know that there is so much more to shipping than transporting Nike shoes."
The fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuel costs, caused by the sulphur cap, to shippers.
BIMCO's Immediate Past President was interviewed by Greek magazine Naftika Chronika about seafarers and their skills being crucial to the future of the industry. This article is reproduced by kind permission of Naftika Chronika.
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
