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Security advisory following attacks on ships off Fujairah
20 May 2019Cyber risk and autonomous ships
30 April 2019BIMCO has submitted four papers to the Maritime Safety Committee. The papers discuss how autonomous ships should be tried before they are allowed to operate, and that cyber risk management should be part of the ship’s Safety Management System.
BIMCO has joined Japan to regulate carbon intensity of existing ships
19 February 2020Panama, Norway, Greece and other influential actors are co-sponsoring a proposal originally tabled by Japan to curb the carbon intensity of existing ships through use of an Energy Efficiency Existing Ship Index (EEXI), much like the Energy Efficiency Design Index (EEDI) which is mandatory for new ships.
Crude oil tanker freight rates from the Arabian Gulf to China double on the back of tanker attacks
21 June 2019VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz.
