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The BIMCO Shipping KPI is a global shipping industry tool for defining, measuring and reporting information on ship performance.
In recent years, the prospect of autonomous ships has become a hot topic for commercial shipping. The same fast-paced advances in technology that have led to projects to automate vehicles in every other sector of the transportation industry have also found their way to the shipping industry. Advances in camera technology, sensors, electromechanical actuators, and satellite technology appear to promise a world in which ships will traverse the oceans without a human on board.
The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.
Providing information on ship sanitation control exemption /ship sanitation control certificate under the International Health Regulations, 2005.
The process of recycling ships and their components and parts requires careful adherence to legal instruments and regulations. In this expert advice article, we explore the key legal instruments governing ship recycling and discuss the challenges posed by the current regulatory landscape.
In a unique cooperation between a BIMCO and the CBS Blue MBA Alumni Association, we present a new and unique learning experience. The Ship Management Academy is a comprehensive and intensive course designed to equip participants with the essential knowledge and skills required in the dynamic world of ship management. This program covers various topics, ranging from the commercial context of ship management to the intricacies of operational excellence and the latest advancements in the maritime industry. From the outset, participants will explore the fundamentals of ship management, exploring its history, core stakeholders, and the role of a ship manager as both an asset and risk manager. They will examine the competitive landscape and crucial aspects like reputation, performance, and relations management. The programme concludes with insights into the global maritime industry, geopolitical trends, and the expectations of shipowners, cargo owners, and operators. Next, participants will explore principles in ship management, legal aspects, and vessel operations, emphasising the importance of customer-centric approaches, organisational structures, and the need for scale and efficiency. Practical sessions, including case studies, provide participants with hands-on experiences, such as analysing the business case for outsourcing ship management services. The program also covers regulatory frameworks, energy efficiency measures, and alternative fuels, reflecting the industry's commitment to environmental sustainability. It explores performance management, key performance indicators (KPIs), and the role of digitalisation in enhancing service delivery excellence in depth. A significant part of the program is dedicated to exploring emerging industry trends, such as environmental, social, and governance (ESG) considerations, insurance, financial management, and controlling. Participants engage in case studies that are directly related to these trends, including PNI, salvage management, and various aspects of financial management and procurement. Throughout the program, participants benefit from practical sessions, case studies, and diverse topics, ensuring a well-rounded understanding of ship management's complexities and the tools necessary for success in this multifaceted industry. Upon completing the entire programme, all participants can take an online test and receive a certificate of Completion issued by BIMCO.
This essential guide covers all aspects of a ship lay-up.
The commercial and legal issues involved in selling ships for recycling are complex and far-reaching. The main concern is the safety of workers and the protection of the environment when ships are recycled, as well as ensuring that proper procedures are followed regarding worker rights and the further downstream management of hazardous and other wastes. The IMO Hong Kong Convention, which will enter into force in June 2025, and its accompanying guidelines, as well as the Basel Technical Guidelines on ship recycling, aim to ensure that ships are recycled in a safe and environmentally friendly manner. The HKC also requires that contracts between ship owners and recycling yards are in place before any recycling work is undertaken. Furthermore, certain legal requirements must be met in order for ships to be recycled, such as obtaining the necessary certificates and permits. Finally, the recycling process must be conducted in a manner that complies with international standards and conventions. Shipowners with ships flying the flag of an EU Member State face additional challenges of recycling those vessels in a manner that complies with regional legal requirements and environmental standards. This recycling can only occur at approved recycling facilities included in the EU list, leaving the shipowners with limited recycling options. As a result, those shipowners are facing additional difficulties, such as a ban on going to facilities in no-OECD States, even if any would be on the EU list, depending on the location of the ship when it becomes end of life. In an industry operating continuously at the global level, this creates major legal uncertainties and a serious distortion of competition between ships flying the flag of an EU Member State and other ships. Watch the BIMCO movie: “Ship recycling: Time for Change” https://www.bimco.org/trending-topics/recycling
BIMCO is adapting the currently used SHIPMAN 2009 agreement for use with autonomous ships, but the lack of actual autonomous ships currently in operation will mean ongoing adjustments as the industry forges ahead with its pioneering projects. Publication of the first version is expected in 2021.
