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BIMCO's Peter Sand to speak at Journal of Commerce webinar on 16 September

02 August 2021

The Suez Canal blockage, COVID-19 cases shutting down the world’s third busiest container terminal of Yantian, record low carrier schedule reliability, growing congestion across North Europe, and chronic vessel space and equipment shortages. The disruption is also flowing downstream and impacting short-sea shipping and inland logistics providers. The panel will discuss what must change within the Asia-Europe supply chain before any normalisation can occur.

Security Guidance on Diverting Around the Cape of Good Hope to Avoid Suez

26 March 2021

The ongoing blockage of the Suez Canal has resulted in ships diverting south to transit around the Cape of Good Hope, potentially taking them through the High Risk Area. It is noted that whilst the threat of Somalia-based piracy is currently suppressed through a combination of military operations, application of BMP 5 and the presence of armed guards, an increase in maritime traffic through the area may present opportunities for Somali Pirate Groups to attack shipping. The consequences of not adopting effective security measures can be severe.

Fake invoices

29 May 2020

Typically owners receive invoices for relatively small amounts by physical mail for example for alleged sludge removal, waste and other services, which usually were not asked for or used by the ships named on the invoices.