Latest News

  • Ships increasingly risk legal actions in Malacca and Singapore region

    The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.

  • COVID-19 causes problems for implementing EU legislation

    The COVID-19 pandemic affects the industry’s endeavours to implement the upcoming European Union’s Ship Recycling Regulations (EUSRR) and many shipowners may not be able to finalize the required Inventory of hazardous materials (IHM) prior to the deadline.

  • Sound your horns on 8 July to support crew changes

    To create more awareness of the plight of the seafarers, who are still largely unable to get on or off their ships, BIMCO and the rest of the international shipping community encourages that ships in port sound their horns on 8 July at 12:00 noon local time.

  • Republic of Korea implements national sulphur emission control area

    Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020.

  • Self-quarantine is crucial for crew change in Singapore

    Following an incident where a crew member was diagnosed with COVID-19 upon arrival in Singapore, the Singapore Shipowners Association is reiterating the importance of self-quarantine.

  • Survey launched to explore how shipping is coping with Covid-19

    An industry-wide survey calling on seafarers and shore-staff to share their Covid-19 workforce insights has been launched by Lloyd’s Register and marine industry partners to understand how the pandemic has affected, and continues to affect the industry and the health and mental wellbeing of its employees.

  • Panama emphasises its support for seafarers’ rights

    Following the measures adopted through its MN 03/2020 circular regarding seafarers, the Panama Maritime Authority (AMP) emphasises its support for seafarers’ welfare and rights.

  • New BIMCO Law & Arbitration clause will clarify arbitration processes

    If a contractual dispute escalates and one of the parties want to involve arbitrators, it is essential that notices of commencement of proceedings and the appointment of arbitrators are properly served to the right people. BIMCO’s new Law & Arbitration Clause will address these issues with a provision requiring parties to a contract to clearly identify who are authorised to receive arbitration notices and communication.

Latest news by topic

BIMCO publishes COVID-19 crew change clause

BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.

BIMCO applauds Hong Kong for pragmatic approach to crew change

Following several discussions with the Hong Kong Shipowners Association, the administration in Hong Kong is opening for conditional but unrestricted crew change in Hong Kong.

Singapore Maritime and Ports Authority issues guidelines for crew change

Following a significant number of enquiries related to the recent relaxation of restrictions on crew change, the Maritime and Ports Authority (MPA) in Singapore has issued a guideline and FAQ with the aim to facilitate crew change.

BIMCO publishes COVID-19 crew change clause

BIMCO has produced a COVID-19 Crew Change Clause for Time Charter Parties in response to the extraordinary circumstances faced by many owners whose crew have had to remain on board during the COVID-19 “lockdown” for periods often extending beyond their contracts of employment.

SmartCon update adds electronic signature solution

BIMCO has updated its contract editing tool, SmartCon, with a new feature that enables users to add electronic signatures to their finalised contracts using DocuSign™ and thereby save time and money compared to relying on couriers to obtain physical signatures on paper copies.

Ship sale and leaseback term sheet on the way - have your say

BIMCO is developing a term sheet for ship sale and leaseback transactions, SHIPLEASE, and is seeking input from industry experts on the new standard.

Republic of Korea implements national sulphur emission control area

Several South Korean ports will have designated national sulphur emission control areas from midnight 1 September 2020.

Associations call for accelerating digitalisation of maritime trade and logistics

The Covid-19 crisis has painfully demonstrated the heterogeneous landscape that currently exists across ports worldwide. With the world’s attention now focused on exiting from lockdowns and preparing for a ‘new normal’, there is an urgent need to co-operate and accelerate the pace of digitalisation, according to a number of leading maritime associations, including BIMCO.

First global standard for ship hull cleaning essential for marine ecosystems

BIMCO, the world’s largest shipping association, has moved a step closer to finishing a global set of guidelines needed to protect the marine environment from invasive species and reduce CO2 emissions. Currently, there is no common global standard for cleaning ships’ hulls to avoid transferring invasive aquatic species, nor for the potentially damaging debris washed off in the process.

Survey launched to explore how shipping is coping with Covid-19

An industry-wide survey calling on seafarers and shore-staff to share their Covid-19 workforce insights has been launched by Lloyd’s Register and marine industry partners to understand how the pandemic has affected, and continues to affect the industry and the health and mental wellbeing of its employees.

Shipping companies encouraged to use crew change form

BIMCO is joining the International Chamber of Shipping (ICS) in a call to encourage shipping companies or masters to fill in a Crew Change Report Form launched by ICS and thereby help encouraging Governments to facilitate crew change throughout the Covid-19 pandemic.

Associations call for accelerating digitalisation of maritime trade and logistics

The Covid-19 crisis has painfully demonstrated the heterogeneous landscape that currently exists across ports worldwide. With the world’s attention now focused on exiting from lockdowns and preparing for a ‘new normal’, there is an urgent need to co-operate and accelerate the pace of digitalisation, according to a number of leading maritime associations, including BIMCO.

United States - CTPAT Sea Carrier Security Profile guidance

United States Customs & Border Protection has informed that the Customs Trade Partnerships Against Terrorism (CTPAT) Portal’s new security profile for Sea Carries which came on line June 1, 2020, does not fully reflect the associated minimum security criteria (MSC).

Weekly piracy reports and analysis

Read the latest digest of maritime security incidents and the weather forecast for piracy threat areas for the week to come.

The Guidelines on Cyber Security Onboard Ships up for review

16 months after publishing the 3rd version of The Guidelines on Cyber Security Onboard Ships, the guidelines are again up for review.

Self-quarantine is crucial for crew change in Singapore

Following an incident where a crew member was diagnosed with COVID-19 upon arrival in Singapore, the Singapore Shipowners Association is reiterating the importance of self-quarantine.

Survey launched to explore how shipping is coping with Covid-19

An industry-wide survey calling on seafarers and shore-staff to share their Covid-19 workforce insights has been launched by Lloyd’s Register and marine industry partners to understand how the pandemic has affected, and continues to affect the industry and the health and mental wellbeing of its employees.

Panama emphasises its support for seafarers’ rights

Following the measures adopted through its MN 03/2020 circular regarding seafarers, the Panama Maritime Authority (AMP) emphasises its support for seafarers’ welfare and rights.

BIMCO IMSBC Code webinar highlighting shipowners' difficulties with transport of solid bulk cargoes

View the latest IMSBC Code webinar presenting the general difficulties on shipment of solid bulk cargoes, together with some BIMCO recommendations to improve the situation. 

BIMCO prepares members ahead with the new IMSBC Code !

The International Maritime Organization (IMO)  has published the latest International Maritime Solid Bulk Cargoes ( IMSBC) Code, incorporating Amendment 05-19, 2020 edition. BIMCO informs members what these new amendments are and how they can access the information on the BIMCO Cargo database section.

Oil product tanker S&P activity down 45% as new reality unfolds

Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016.

Developments in the oil tanker market in the past decade dominated by geopolitics

Crude oil and product tanker markets alike have faced high volatility in recent weeks and months, largely due to geopolitics and the constantly evolving situation in the global oil markets.

Suez Canal ship transits rise amidst the Covid-19 pandemic

Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.

BIMCO encourages uniform ship-port data exchange in IMO submission

BIMCO, flag administrations and port associations have submitted a proposal to the IMO Facilitation Committee to develop IMO guidelines that provide global industry standards for data and data sharing, with the aim to enhance communication and thereby efficiency during port calls.

What is BIMCO thinking about 2020?

Every year, BIMCO considers what is in store for the shipping industry and for BIMCO in the coming years, while also reflecting on the year gone by. We put all the thoughts in a magazine. This year is no different, and a range of BIMCO people have written their opinions on what the new year will bring.

BIMCO’s call for harmonized data supported at IMO

BIMCO’s continued call for the establishment of a harmonized data model to facilitate exchange of electronic data between ship and shore last week took a big step forward, as the initiative was met with support during an expert meeting at the International Maritime Organization (IMO).