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New report on the state of maritime piracy in 2013

02 May 2014

In line with previous years, BIMCO continue to work with Oceans Beyond Piracy (OBP) in their effort to uncover the economic and human costs of piracy. With this year’s report, “The State of Maritime Piracy 2013” BIMCO has once again been asked to audit the methodologies and calculations used in the report.

Need for rethinking about when to sail around the Cape of Good Hope?

22 April 2010

US President Obama has issued an Executive Order with the heading “Blocking Property of Certain Persons Contributing to the Conflict in Somalia”, which could have an impact on the possibility for paying ransom under some circumstances. The situation is not clear and perhaps some ship owners will consider how to address this situation before transiting the Gulf of Aden and the Somali Basin. On that background, we hereby include an updated version of our calculations regarding the cost part of the decision to go round the Cape of the Good Hope.

Transition to 2020 presents charter party challenges

07 October 2019

The industry will see the first “live issues” between charterers and shipowners over the switch to low-sulphur fuel in the last quarter of 2019, Tiejha Smyth tells The Bulletin. Smyth is a deputy director in the Freight, Demurrage and Defence (FD&D) department of the North of England P&I Club, and she – along with the rest of the North FD&D team – is busy advising and helping club members to prepare for the uncertainties.