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The International Association of Classification Societies (IACS) has publicised a new recommendation on how to build cyber resilient ships. It applies to the use of technical systems that provide important functions on board such as control, alarm, monitor, safety and internal communication.
It is a daunting task so prepare a fleet of ships for the sulphur regulations. Therefore, BIMCO has, together with the partners behind a new IMO-proposal, made a draft for an implementation plan for achieving compliance with the 0.5% global sulphur cap. The plan has the additional purpose of showing the good faith of the ship operator during inspections.
Autonomous ships in active operation as Yara Birkeland marks first 6 months in service.
At the recent BIMCO Ship Manager Advisory Panel meeting the main topic was not surprisingly, the ongoing negotiations about t he future EU ETS.
BIMCO supports a proposal from the Netherlands and Germany to amend MSC.1/Circ. 1374 concerning the removal of asbestos containing material (ACM) installed on board ships with the aim to keep both ships and crew safe.
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.
The Hebei Maritime Safety Administration (MSA) in China has recently released a case where the local regulator fined a ship that burned high sulphur content fuel.
Total orders of dry bulk, tanker and container ships in the first five months of the year have jumped 119.7% compared with the same period in 2020, primarily driven by record high container ship contracting, as investors in this segment find themselves flush with cash.
Is the shipping industry ready to give up the use of single-use plastics onboard ships?
