13 June 2019
BIMCO’s mission is to be at the forefront of global developments in shipping, providing expert knowledge and practical advice to safeguard and add value to our members’ businesses.
We have over 110 years’ experience supporting shipping businesses and we are ready to help yours too.
We have summarised our different membership categories and information on BIMCO member benefits. Your membership type depends on the nature of your business. BIMCO is ready to help you on which type applies to you - and any other query you might have about joining us.
06 June 2016
07 January 2020
Providing essential information on icebreakers assistance for ships entering or transiting the Northern Sea Route.
23 October 2019
To have a basic understanding of ice navigation, this section provides useful references for members to have an overview of the various types of ice-information services available in the world as well as some guidance on the types of ice formation and conditions for ships operating in ice-covered waters.
09 October 2019
Geographic landscape of Cook Inlet and its marine ice environment
23 May 2019
These Q&As have been produced jointly by INTERTANKO and BIMCO with the assistance of the North of England P&I Club. They focus on the potential contractual issues that parties should be aware of when chartering scrubber-fitted ships. The objective is to highlight and address the relevant clauses and concepts charterers and owners should take into consideration during their negotiations.
Much has been written about the introduction of the ‘Global Sulphur Cap’ of 0.50% m/m (mass for mass) for fuel oil under MARPOL Annex VI which comes into force on 1 January 2020; also the 0.10% m/m sulphur limit within emission control areas. Many owners have also already chosen their route to MARPOL Annex VI Regulations 14.1, 14.3 and 18 compliance which can be achieved in one of two ways:
By using fuel oil with a sulphur content that does not exceed 0.50% m/m, or 0.10% m/m while the ship is operating (‘low sulphur fuel oil’).
By using ‘equivalents’ which are alternative methods that are at least as effective in terms of emission reductions as using low sulphur fuel oil. ‘Equivalents’ includes the installation of exhaust gas cleaning systems, or ‘scrubber(s)’. See MARPOL Annex VI Regulation 4 and the 2015 Guidelines for exhaust gas cleaning systems, adopted by resolution MEPC.259(68) (currently under review). Fuel oil cleaned by scrubbers will have a sulphur content above 0.50% m/m (‘high sulphur fuel oil’).
Both BIMCO and INTERTANKO are neutral as to which option should be chosen. It is up to each individual owner to decide which option is best for their ship’s operation after conducting a proper assessment of the pros and cons of each option including safety and operational issues, price differentials between low and high sulphur fuel oil, fuel availability, capital investment, payback time, trading patterns and charter rates. International, regional and national regulatory requirements may also play a part in this decision.
However, both Associations have been faced with a series of questions from Members who have fitted or are contemplating fitting scrubbers concerning how the use of a scrubber may impact on their contractual arrangements. These questions on both time and voyage chartering issues form the basis of the Q&A section below. They do not address questions relating to the technical and operational impact of installing a scrubber. Such information is available from numerous online sources.
Both Associations have decided, for the time being at least, not to develop a “standard” scrubber clause for time or voyage charter parties. The decision to install and operate a scrubber is seen primarily as a matter of commercial negotiation between owners and charterers relating to the division of costs and benefits. The need for a clause will, however, be kept under regular review.
We suggest that you consider the recommendations in this document to assess the need for a bespoke scrubber clause and/or any amendments to existing charter party terms. You may need to seek independent legal advice on a case-by-case basis to suit your particular chartering arrangements and trading patterns.
This document will be updated to include any new Q&As which will affect the contractual issues for scrubber-fitted ships.
BIMCO and INTERTANKO - 23rd May 2019
01 October 2019
Sergey is an Executive Director as well as a co-partner at MABUX: consultancy and information provider for global bunker industry with HQ in Sweden. He began his career as a Sinologist graduated
from Moscow Institute of Foreign Languages and from Shandong University in P.R.China.
Before taking up his positon at MABUX Sergey headed Far Eastern Branches of Companies from Republic of Korea (ships repair and agency service) and Sweden (global fishing) and was a co-founder
and a Member of the Board of Istok Group Companies engaged in fishing and marine transportation (own fleet) in the Far-East.
He currently resides in Sweden.
23 June 2017
Maite Bolivar Klarup is BIMCO’s General Manager in Singapore. Maite joined BIMCO in 2016 and her main role is to provide information and advice to members on a variety of key issues- from piracy to bunker quality and navigational safety. Maite is also responsible for establishing and maintaining relationships with all relevant maritime governmental and inter-governmental authorities in the region and to create awareness of all of BIMCO’s activities and benefits for potential members. She has more than 17 years of international maritime experience from Southeast Asia, Europe, North and Latin America. She holds an Executive Master of International Business Administration in Shipping and Logistics from Copenhagen Business School.
20 January 2020
More information on the process for reporting non payment issues to BIMCO is available on the Intervention page.
Disclaimer: these notices are strictly confidential and for the private use of BIMCO members only. The member accepts sole and entire responsibility for the consequences of any indiscreet use of the contents.
The list below is not exhaustive, members are encouraged to contact BIMCO when seeking company information.
29 June 2017
As adopted at the General Meeting in Athens, May 2019