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May 2019

BIMCO and ASBA join forces to develop gas tanker voyage charter party

ASBATANKVOY, one of the most widely used tanker charter parties in the world, will form the basis when BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) begin to jointly develop a charter party specifically for use in the gas tanker trade.

Only international action will stop increase in piracy: BIMCO

A fresh annual report from the International Maritime Bureau shows that attacks in West Africa helped push piracy numbers up in 2018. In terms of military and law enforcement, an international operation is not complicated, so what is needed above all is the will to act.

BIMCO and INTERTANKO publish Q&As for scrubber-fitted ships

BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter parties.

New Cyber Security Clause from BIMCO

BIMCO’s Documentary Committee has agreed a new standard Cyber Security Clause that requires the parties to implement cyber security procedures and systems, to help reduce the risk of an incident and mitigate the consequences should a security breach occur.

IMO-meeting was not a missed opportunity

What the Marine Environment Protection Committee (MEPC) and the working group accomplished last week, was to finalise and agree on a set of procedures for assessment of impact on states from the proposed short-term measures. An important stop block has thus been removed which paves the way for advancement of individual proposals. The meeting didn’t postpone anything.

BIMCO to publish industry’s first offshore decommissioning contract

BIMCO’s Documentary Committee has approved an international standard contract for offshore decommissioning projects to provide a balanced set of terms and conditions to both parties in the process.

Şadan Kaptanoğlu elected BIMCO President

Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, was elected President of BIMCO – the world’s largest shipping association – at its General Meeting in Athens on Tuesday 14 May.

BIMCO hires manager for Athens office

BIMCO has signed a contract with Elena Tassioula as manager of BIMCO’s new office in Athens, Greece. Elena will be engaging BIMCO’s current members in Athens and work to grow the membership in Greece.

April 2019

Support for BIMCO proposal at IMO to harmonize data

BIMCO gained solid support for a submission at the 43rd session of the Facilitation Committee meeting (FAL 43) held at the IMO Headquarters on 8-12 April that will ensure harmonisation of data exchanges and reduce the administrative burden for ships.

BIMCO supports Anti-Corruption push at the IMO

BIMCO has co-sponsored a proposal at the 43rd session of the Facilitation Committee (FAL 43) held at the IMO Headquarters on 8-12 April, putting anti-corruption formally on the IMO agenda going forward.

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