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September 2020

BIMCO nominates President Designate to succeed Sabrina Chao in 2021

Under the presidency of Mrs Sadan Kaptanoglu, the BIMCO Board of Directors has approved the nomination of Mr Nikolaus H. Schües, CEO of Reederei F. Laeisz (Germany) to stand for election as the next President Designate of BIMCO in 2021, succeeding Mrs Sabrina Chao, Chairman of Wah Kwong Shipping Holdings Limited (Hong Kong). 

New BIMCO Shipping KPI version offers improved benchmarking concept

BIMCO is launching Version 4 of its Shipping KPI system to provide users with improved and more accurate ways of benchmarking their ships and fleets. The new version of the Shipping KPI will feature fundamental changes to the processing of information and include an improved user interface.

New BIMCO ship sale and purchase standard heading for industry consultation

BIMCO’s Documentary Committee has positively received a new standard Memorandum of Agreement (MOA) for the sale and purchase of ships, thereby opening the doors to wide industry consultation before finalising and publishing the new standard next year.

New GENCON charter party expected in 2021

The revision of BIMCO’s most widely used voyage charter party – GENCON – is entering its completion phase, as the drafting team will meet during the autumn to process invaluable feedback received by the industry over the summer.

New gas tanker form paves the way for revision of ASBATANKVOY

BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) have approved a voyage charter party, ASBAGASVOY, for publication to serve the growing gas tanker industry. Work will now begin to revise ASBATANKVOY, one of the most used tanker charter parties in the world.

BIMCO adopts the industry’s first ship sale and leaseback standard

Sale and leaseback transactions have seen a substantial increase in recent years as an alternative method of ship financing, and BIMCO has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved.

The September issue of the Bulletin magazine is out

Get the latest insight and interviews in the latest edition of BIMCO’s Bulletin magazine.

BIMCO launches member survey

Today (1 September), BIMCO is launching its third member survey, asking members about their perception of BIMCO. The survey will be sent to all the member contacts BIMCO has on file and is conducted by an external vendor via BIMCO’s email system.

August 2020

BIMCO and ICS prepare for new Seafarer Workforce Report

With the future of crewing high on the agenda, BIMCO and ICS are preparing for the launch of the latest Seafarer Workforce Report (previously known as the Manpower Report), the industry standard resource for ship operators, agencies and governments seeking the market intelligence they need to develop crewing and training strategies fit for the future. 

Industry survey shows switch to low-sulphur fuel has not been without problems

The maritime industry’s transition to the sulphur regulation from the International Maritime Organization (IMO) which came into force on 1 January 2020 has not been without problems. Since fuel oil properties are fluctuating, it is expected that quality and safety problems will continue to be a challenge for the global shipping industry.

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