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Standard Time Sheet Short Form

19 October 2021

The Standard Time Sheet (short form) was published in 1975 and is recommended by BIMCO and FONASBA (the Federation of National Associations of Ship Brokers and Agents) to assist in the calculation of laytime. The latest edition of this document in the Standard Time Sheet (short form), issued in 1975.

BIMCO adopts new tug, barge and “floating hotel” contracts

27 January 2021

BIMCO has extended its library of offshore industry standard contracts with the adoption of ASVTIME – a time charter party for accommodation support vessels. Updates of BIMCO’s ocean towage agreements – TOWCON and TOWHIRE – have also been adopted along with a new edition of its charter party for hiring unmanned barges – BARGEHIRE.

Sierra Leone to implement IMO 2020 penalties for non-compliant fuel

12 August 2021

From 1 September 2021, ship owners and operators calling at ports in Sierra Leone risk penalties of up to USD 15,000 if they carry fuel with a sulphur content exceeding 0.5 percent. Ships or members experiencing problems related to enforcement of MARPOL Annex V or unavailability of compliant fuel are encouraged to inform BIMCO via email hsse@bimco.org with “IMO 2020” in the subject field.