BARECON team sets sights on victory
03 July 2017Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.
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Following swiftly on the heels of the recent Ocean Victory judgment by the UK Supreme Court, the BARECON revision team has reviewed the insurance clauses of this widely used contract.
Tow wires on board tugs are expensive. If they break during an ocean towage operation, who should be responsible for repairing or replacing them? These and other issues were discussed in the latest meeting of the revision of BIMCO’s towage agreements TOWCON and TOWHIRE 2008.
In recent years, the prospect of autonomous ships has become a hot topic for commercial shipping. The same fast-paced advances in technology that have led to projects to automate vehicles in every other sector of the transportation industry have also found their way to the shipping industry. Advances in camera technology, sensors, electromechanical actuators, and satellite technology appear to promise a world in which ships will traverse the oceans without a human on board.
There is a need to harmonise the efforts of reducing shipping's negative impacts on marine biodiversity with the drive for decarbonisation. This special meeting of the BIMCO ESG Network will provide members with an opportunity to provide their input into the proposed development of an initiative coordinated by the SSI to evaluate shipping’s impact more broadly on ocean health - ensuring the project outcomes are both practicable and valuable for the industry.
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+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)