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What we are working on

14 March 2024

Using feedback and experience from members and the industry, BIMCO keeps all its clauses and contracts under review. We have subcommittees working on the following updates or new projects, or have reviews planned to start in the coming months.

BIMCO project shows 80% admin-workload reduction for masters

05 April 2018

The Maritime Reporting Model (MRM), developed by BIMCO and partners, can reduce the administrative workload for ship masters by 80% in connection with port calls, which can enhance the masters focus on safely navigating the ship.

Scalability and flexibility key to dismantling contract

26 January 2017

Dismantling offshore structures is a complex business. Producing a marine services agreement to appeal equally to oil companies and marine contractors is a challenge. But offshore specialists currently working on a new BIMCO dismantling contract believe that creating a simple yet flexible agreement that can be scaled to suit different sizes of project is the way forward.

BIMCO supports global seabed mapping initiative

08 April 2021

Knowing the depth and shape of the seafloor (bathymetry) is fundamental for our understanding of ocean circulation, tides, sediment transport and environmental change. Currently, and despite many years of effort, less than 20 per cent of the ocean seafloor has been mapped. Therefore, BIMCO supports the Seabed 2030 initiative and encourages the industry to contribute with input into the project via an online survey.

BIMCO hosts first industry consultation event to discuss future governance of the Sargasso Sea

02 May 2024

The Sargasso Sea is a unique, iconic and globally important high seas ecosystem. Keeping the Sargasso Sea healthy and sustainably productive chiefly hinges on the balance between appropriate utilisation and conservation of its natural resources- achieved by effective collaboration between actors within its area undertaking conservation, stewardship, or commercial and industrial activities, To discuss this BIMCO hosted a consultation event - introducing the GEF-UNDP-UNESCO-IOC Sargasso Sea Project to the international shipping community and highlighting potential opportunities for mutually-beneficial participation.