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Towage and Salvage Masterclass Online
21 October 2020Towage & Salvage Masterclass Online is a series of 10 online sessions highlighting the wide range of ocean towage and salvage agreements provided by BIMCO. This course focusses on practical solutions and ways for the parties to allocate risks and obligations.
BIMCO proposes reporting system for containers lost at sea
10 October 2018BIMCO and the World Shipping Council (WCS) have launched a proposal for a mandatory and standardized reporting system to be developed, to address the safety and environmental risks associated with containers lost at sea.
Russian coal shipments fall 14% as sanctions bite
22 February 2024During the first seven weeks of 2024, Russian coal shipments have fallen 14% y/y. Volumes have gradually declined since October 2023 when logistical challenges started to emerge. Two years after the start of the war in Ukraine, sanctions on Russia are limiting the country’s ability to export coal.
Container Shipping: Pressure remains despite some of the trade war damage being offset by a reshuffling of manufacturing in Asia
27 November 2019With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked sailings have been unable to lift freight rates.
E-Bills of Lading - the simple tool with big potential
28 December 2022Global trade still relies heavily on paper. The main risks of relying on paper are exposure to fraud, clerical errors and lengthy transfer and processing time. This is despite the fact that issuance of electronic bills of lading (eBLs) has been possible for more than 20 years on safe and well-established platforms approved by the International Group of P&I Clubs. It is also despite the fact that eBLs are safer, faster, and greener when compared to their paper bills of lading ancestor.
Sanctions Clause for box lines takes pragmatic approach
26 February 2020Many container operators use charter party trade limits as a sanctions management tool when operating liner services between non-sanctioned countries. To provide an alternative contractual solution and to proactively address the current trend to impose sanctions on the shipping industry, BIMCO is currently developing a sanctions clause specifically designed for time chartering container ships.
Syria, Tartous - Local holidays and working hours 2023
12 September 2023Syria, Tartous - Local holidays and working hours 2022
29 November 2021Introducing WSC Whale Chart - the first global navigational aid to protect whales launched at International Whales Protection Workshop
16 November 2023Washington D.C./Geneva, 7 November 2023 – Accidental collisions between ships and whales are a global concern, and can occur wherever there is an overlap between whale activity and vessel traffic. To help seafarers plan their voyages to minimize the risk of collisions, the World Shipping Council (WSC) is today launching the WSC Whale Chart. This navigational aid is the first global mapping of all mandatory and voluntary governmental measures to reduce harm to whales from ships. The WSC Whale Chart is available for free to all interested parties and will be regularly updated.
