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TOWHIRE 2021

03 March 2021

TOWHIRE is an ocean towage agreement on a daily hire basis. It is not intended for use in port towing. The latest edition of this contract is TOWHIRE 2021. Copyright in TOWHIRE 2021 is held by BIMCO.

The liquid cargo regulations

02 December 2021

The carriage of chemicals in bulk is governed by SOLAS Chapter VII - Carriage of dangerous goods and MARPOL Annex II - Regulations for the Control of Pollution by Noxious Liquid Substances in Bulk . The Conventions require chemical tankers built after 1 July 1986 to comply with the International Code for the Construction and Equipment of Ships carrying Dangerous Chemicals in Bulk (IBC Code). The carriage of oil is governed by SOLAS Chapter II-2 and MARPOL Annex I - Regulations for the Prevention of Pollution by Oil

Newbuilding report dated 11 May 2021

12 May 2021

Following the strong volumes of newbuilding contracts that we have been witnessing since the beginning of 2021, shipbuilding activity was significantly softer last week, with non-conventional units monopolizing the owner’s interest. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

UN 3077 solid bulk cargoes

16 January 2024

BIMCO continues to receive enquiries on UN 3077 solid bulk cargoes and how they should be handled under the International Maritime Solid Bulk Cargoes ( IMSBC) Code. BIMCO provides an explanation including an interpretation on how these cargoes are viewed in the IMSBC Code.