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Sample copy of Quiet Enjoyment Letter for Ship Financing (SHORTFORM)
21 February 2024ISO issue letter of conformity ahead of 2020 sulphur cap
18 July 2018The 2020 0.50% sulphur limit for fuel oil used outside emission control areas will undoubtedly create operational issues for crews onboard ships. The International Organization for Standardization (ISO) has now issued a letter in this regard rebutting these claims.
Shipmanagers' Letter of Undertaking
30 January 2023The Shipmanagers’ Letter of Undertaking (LoU) is a model letter for use in third party arrangements where shipmanagers maintain and operate the vessel but have no financial involvement or interest in its ownership. The content of the LoU is based on provisions commonly found in market documentation but creates a more equitable starting point for discussions. The BIMCO LoU aims to eliminate the need for often protracted party negotiations where points argued in previous cases are frequently repeated, which can be time-consuming and adds to costs. Copyright in Shipmanagers’ Letter of Undertaking is held by BIMCO.
BIMCO issues new Shipmanagers’ Letter of Undertaking
05 February 2019A new “Shipmanagers’ Letter of Undertaking” (LoU) is now available on the BIMCO website, together with Explanatory Notes. The LoU sets out shipmanagers’ obligations to lenders financing owners’ purchase of a managed vessel.
Visa application invitation letter
25 June 2018Background
21 February 2024Background
21 February 2024USCG Guidelines "Evaluating Potential Courses of Action for Inoperable BWM System"
16 February 2018The United States Coast Guard (USCG) have recently released the CG-CVC Policy Letter 18-02, “Guidelines for Evaluating Potential Courses of Action When a Vessel Bound for a Port in the United States has an Inoperable Ballast Water Management (BWM) System.”
Italian ports are fully operational despite COVID-19: Italian Ports Association
23 March 2020BIMCO has received a letter from the Italian Ports Association, underlining that Italian Ports are fully operational and ensuring the safety of cargo and crew members.
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