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BIMCO will be attending the IMO in London for the 4th session of the Sub-Committee on Carriage of Cargoes and Containers (CCC), which will be held from 11 to 15 September 2017.
Introduction of the Polar Code with a summary explanation of each of the chapters, including submissions made by relevant stakeholders regarding enforcement of the Code. Also providing easy reference regarding the application requirements of the Polar Code by each Arctic state.
Subcontinent markets finally started to display some encouraging signs this week, as positive movements on prices were reported across the board. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Iron ore fines, if not carried safely under the requirements of the International Maritime Solid Bulk Cargoes ( IMSBC) Code, can be extremely problematic due to its liquefaction tendencies and can risk stability to ship and safety of crew.
BIMCO 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.
Following the measures adopted through its MN 03/2020 circular regarding seafarers, the Panama Maritime Authority (AMP) emphasises its support for seafarers’ welfare and rights.
Providing information on what types of distillers dried grains are carried as solid bulk cargoes under the International Maritime Solid Bulk Cargoes ( IMSBC) Code as not all are considered non-hazardous (Group C) which is the only cargo entry listed in the IMSBC Code.
Providing an explanation of how the four-digit Baltic Ice Code is interpreted.
In the newbuilding front, appetite for tanker vessels seems to be growing, with a pair of VLCC, Suezmax and Aframax units being ordered during the previous week. 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.
