07 December 2017
A year before IMO launches it's data collection system (DCS) in 2019, the Maritime and Port Authorities of Singapore (MPA Singapore) has started a voluntary data collection of fuel oil consumption.
10 November 2017
02 November 2017
HANDYSIZE: Brokers suggested a negative sentiment as more tonnage has been building up this week.
The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate.
The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
28 September 2017
The BIMCO President Mr Papagiannopoulos highlighted the main opportunities and threats for shipping coming from digitalisation at the 3rd ShipIT conference in Athens on 27 September 2017. The opportunities and threats include the admin burden on board ships, autonomous ships, blockchain, cyber risk management and not least the human elements of all these issues.
07 July 2017
MEPC 71 progressed in ensuring smoother implementation of the ballast water convention. One of the achievements was reaffirming the agreement regarding the provisions for non-penalisation of early movers that have installed ballast water management systems according to G8 guidelines.
23 February 2017
SHIPTERM is a standardised term sheet intended for use in a bilateral, secured term loan ship financing transaction. The term sheet has been prepared for use in transactions between a single lender and one or more affiliated borrowers. The latest edition of this contract is SHIPTERM, issued in 2017.
Copyright in SHIPTERM is held by BIMCO.
17 February 2017
10 February 2017
03 January 2017
The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.
17 October 2016
The Novation Agreement for Shipbuilding Contracts is an agreement between the parties to novate the shipbuilding contract from the original buyers to the new buyers on terms set out in the agreement.
The latest edition of this contract is the Novation Agreement for Shipbuilding Contracts, issued in 2016.
Copyright in the Novation Agreement for Shipbuilding Contracts is held by BIMCO.