Ahead of President Biden’s Leaders’ Summit on Climate, the world’s major shipping organisations have called on world leaders to urgently examine the role of market-based measures (MBMs) to ensure ambitious decarbonisation targets are met across the entire global shipping industry.
BIMCO has forwarded the results of a biofouling survey to the International Maritime Organization (IMO) to contribute with insight into biofouling practices ahead of the IMO’s revision of the existing guidelines for ships’ biofouling.
BIMCO welcomes the development of IMO guidelines on safe operation of on-shore power supply service in port (cold ironing), but believes caution must be taken when considering cold ironing to be a sustainable technical solution.
Background Emission Schemes are “cap and trade” schemes that cap the total amount of greenhouse gases to be emitted by certain vessels covered by the system. Over time, this cap is reduced as an incentive to reduce greenhouse gas emissions through increased efficiency and the use of alternative fue... Please follow the link to continue reading.
BIMCO’s committee structure will change to reflect the increased importance of the environment while maintaining a thorough debate on safety. The BIMCO Board of Directors agreed to the change at a meeting in December.
BIMCO has compiled a glossary of climate change terms based on the best scientific consensus
BIMCO's Shipping Analyst looks at the shipping number of the week. This week: contracting of product tankers jumps 337% in the first half of 2023
BIMCO has launched its fourth industry film, calling for the urgent adoption of the Hong Kong International Convention for the safe and Environmentally Sound Recycling of Ships, and for ship owners to only choose yards that live up to the convention.
BIMCO's Shipping Analyst looks at the shipping number of the week. This week: Record high ship deliveries boost container fleet capacity by 4.3%
We have revised our fleet growth forecast to 7.9% in 2023 and 7.8% in 2024. Year-to-date, the total TEU capacity of ships delivered from shipyards reached a record high. Shipowners have, however, continued to order new ships and the order book has remained only marginally smaller than the record 7... Please follow the link to continue reading.
