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BIMCO Secretary General to step down

BIMCO Secretary General & CEO, Angus Frew, has announced he will step down in the summer of 2020, as he wishes to spend more time in the UK and less time working. The search for his replacement has started.

Industry’s first decommissioning contract now available from BIMCO

BIMCO’s new DISMANTLECON contract, the first global standard contract designed for the dismantling and removal of offshore structures in the energy sector, is now available and aims to provide a balanced set of terms and conditions to both parties in the process.

Sale and leaseback – BIMCO’s next move in ship financing

In October, an Asian-based subcommittee involving major players within the ship owning and ship leasing communities will begin work to develop a term sheet for sale and leaseback transactions to meet a rise in demand and to complete the suite of three term sheets available for financiers, shipowners and their advisors.

BIMCO improves clause labelling to help reduce disputes

BIMCO has decided to start labelling all versions of its standard clauses with the year of publication, including the original edition, with the aim to reduce disputes over which version parties have agreed to.

Industry’s first decommissioning contract now available from BIMCO

BIMCO’s new DISMANTLECON contract, the first global standard contract designed for the dismantling and removal of offshore structures in the energy sector, is now available and aims to provide a balanced set of terms and conditions to both parties in the process.

BIMCO points to ships’ power as a means to curb emissions

BIMCO has submitted a proposal to the International Maritime Organization (IMO) to regulate propulsion power of ships in order to sustain the GHG savings already achieved through slower steaming.

A full ban on open-loop scrubbers in China’s DECA

On 22 July 2019 China Maritime Safety Administration (MSA) issued the “Implementation Scheme of the IMO 2020 Sulphur Cap”. 

IMO issues fuel oil safety recommendations ahead of 2020

The 101st session of the IMO’s Maritime Safety Committee (MSC 101) has held initial discussions in London on how to address the safety of ships when using fuel oil.

Dangers of entry into enclosed spaces for solid bulk cargoes

Accidents including fatalities continue to occur in the cargo holds and adjacent spaces of ships carrying solid bulk cargoes and this is a timely reminder to members about the dangers of entry into enclosed spaces. 

Cyber risk and autonomous ships

BIMCO 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.

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.

MDAT-GoG establishes new website

Ships operating in the Gulf of Guinea can benefit studying the new website run by the UK/French security reporting centre MDAT-GoG (Maritime Domain Awareness for Trade for the Gulf of Guinea). It is also highly recommended to report ship's movements, suspicious observations and security incidents immediately as they occur.

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.

US encourages ballast water best management practices after finding coral disease

The United States Coast Guard (USCG) and United States Environmental Protection Agency (EPA) have developed voluntary best management practices for ballast water discharges for ships in order to mitigate the risk of transferring Stony Coral Tissue Loss Disease.

Brown Marmorated Stink Bug - new season new rules

For the new season beginning September 2019, New Zealand, Australia and Chile have introduced tougher rules to combat increasing spread of  Brown Marmorated Stink Bug (BMST) coming from targeted "BMST" countries.

Douala, Cameroon - army security for vessels on arrival

Vessels heading for Douala, Cameroon now will have protection in the form of  army security team provided by the port authorities for their safety.

Is your bulk cargo exempted from requiring a ship having CO2 fittings?

BIMCO advises on how you could check whether your solid bulk cargo is exempted from having a requirement to have a ship fitted with a fixed gas fire-extinguishing system.

Dangers of entry into enclosed spaces for solid bulk cargoes

Accidents including fatalities continue to occur in the cargo holds and adjacent spaces of ships carrying solid bulk cargoes and this is a timely reminder to members about the dangers of entry into enclosed spaces. 

Testing of solid bulk cargoes for corrosivity - IMO issues interim guidance

The International Maritime Organization (IMO)  issues interim guidance for modified testing of solid bulk cargoes for corrosivity. 

BIMCO's Peter Sand to offer container market insight in Athens

BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on 27 November 2019 in Athens, Greece.

BIMCO launches interactive graphs showing bunker fuel spreads

BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members here.

Shipping industry more hurt by developments in soya bean trades this year than last

Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya bean export season disappointed. 

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

Fake invoices

BIMCO has been advised of yet another attempted fraud against one of our members.

IMO starts work to identify Autonomous Ships regulation

The IMO’s Maritime Safety Committee (MSC) considered the ongoing scoping exercise to identify affected IMO regulations by Maritime Autonomous Surface Ships (MASS) at its 101st session in which the Maritime Technology & Regulation and Security departments represented BIMCO.

New Consortium will help enable the maritime digital revolution

A Maritime Connectivity Platform Consortium (MCC) has been launched to enable the development of the Maritime Connectivity Platform (MCP) and thereby help facilitate the digitalisation of the maritime sector.

Newbuilding contracts should require use of Shipdex

BIMCO and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex. Shipdex is the standard protocol for exchanging technical data - such as manuals – electronically between supplier and ships directly, cutting the need for huge stacks of - often outdated - paper manuals.