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The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.
The economic news from China this morning was somewhat comforting, but highlights the fact that economic activity in the world’s largest economy is certainly slowing down.
The United States Office of Foreign Assets Control (OFAC) has expanded sanctions against Iran and issued an advisory to the shipping community.
BIMCO, the world’s largest international shipping organisation, has now launched an anti-corruption clause for charter parties. The new clause will give owners and charterers a contractual platform for cooperative action to resist demands for illegal payments from port officials and others.
After a series of catastrophic fire incidents, the latest being the fire accident on board the Panama registered car carrier Freemantle Highway, it is only expected that countries will take a more detailed look at the fire safety of ships. This CIC will do just that with a sharp focus on fire safety systems and safe on-board procedures and practices.