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As we are heading towards the end of 2021, it is evident that the industry has been anything but quiet, with the number of deals surfacing during the past weeks highlighting that the appetite for container and gas carrier units has not slowed down. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
The purpose of the Electronic Signature Clause 2021 is to enable the parties to a contract to sign the contract, and any documents to be signed in connection with it, electronically. The clause can be used in any type of contract.
We inform members of the closure of the BIMCO Ice Reporting Season for 2021/2022.
Amendment 03-15 to the International Maritime Solid Bulk Cargoes (IMSBC) Code becomes mandatory effective 1 January 2017.
In the first quarter of 2021 high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world's largest bunkering hub.
US retail sales fell to USD 535.9 billion in September, their lowest level since March 2021, and marking the fifth month-on-month decline in retail sales. The 7-month low is partly due to pandemic-induced government spending, aimed at fuelling consumer demand, winding down while spending on services has recovered some of its lost share of consumer spending. In the second quarter of the year, spending on food, accommodation, transport, and recreation services was back to levels recorded in Q2 2019.
The brown marmorated stink bug (BMSB) season 2021-2022 has begun on 1st September. BIMCO provides the measures for this season introduced by countries for ships arriving from targeted "BMSB" countries.
The BIMCO Liquid Cargo database is intended for use by for shore-side staff and to some extent for newcomers to the tanker trade and should only be used as a reference tool providing brief information regarding the more than 330 of the commonly transported liquid cargoes including Hexanol .