Showing 121 - 130 of 200
Sale and leaseback transactions have seen a substantial increase in recent years as an alternative method of ship financing, and BIMCO has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved.
Navigating the waters of Straits of Malacca and Singapore and associated waters, is not always straightforward and members need to be aware of certain legal risks that exists in these waters.
The BIMCO roundtable on safe and environmentally sound ship recycling held during London International Shipping Week highlighted the need for debunking myths around the Hong Kong Convention (HKC) and urged all stakeholders to work together to realise the convention’s potential.
Updated IMO Circular containing a list of certificates and documents required to be carried on board ships together with a brief description of the purpose of the certificates and other relevant documents.
Anna Wollin, Manager, Contracts and Clauses at BIMCO, says that many of the disputes that commonly occur when a ship is redelivered at the end of a time charter could be avoided by using clearer wording in contracts.
The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out, demand growth prospects for the year across all segments. The outbreak has also affected fleet development.
BIMCO has collected statements from a number of flag states, port states and recognised organisations/classification societies (RO) and produced a regulatory analysis concerning COVID-19 and its possible implications on statutory ship certificates, surveys, inspections or audits under relevant International Maritime Organization (IMO) and International Labour Organization (ILO) instruments.
Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis.
The coronavirus (COVID-19) outbreak started as a locally circulating infection associated with Huanan Seafood Wholesale Market but has since developed into the current pandemic. To assist the shoreside of the maritime industry in taking appropriate protective measures at office workplaces, BIMCO is issuing guidelines intended to help shipping companies avoid spreading of the disease at offices and office buildings.
