Excess cargo loaded - freight basis quantity carried
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CREWMAN review off to a good start
Work to update BIMCO’s two standard crew management agreements, CREWMAN A and CREWMAN B, has started this week. The aim is to have both revised contracts ready for use in spring 2025.
Explanatory notes to CREWMAN A (Cost Plus Fee) 2009
Can owners ask charterers to pay towards the cost of installation of a scrubber?
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BIMCO unveils guide to help shipowners cut single-use plastic
BIMCO has published a Best Practice Guide to help shipowners reduce their single-use plastic footprint by installing advanced drinking water systems onboard.
Supply/demand balance
We expect the supply/demand balance to strengthen in 2024 but weaken in 2025. Supply is estimated to grow by 3-4% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 4.5-5.5% in 2024 and weaken by 1-2% in 2025. Freight rates are expected to stay strong during the rest of 2024, but de... Please follow the link to continue reading.
War risks - Hull insurance against war, piracy, terrorism and related perils
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Best Practice Guide for SUP Removal
Read the Best Practice Guide submitted to IMO
Carriage of plastic pellets in freight containers – IMO issues recommendations
IMO advancing work of safe transport of plastic pellets at sea with the issue of IMO circular as the first step of a two-stage approach to address the environmental risks associated with such carriage.
Freight payment ”within 3 banking days but in any event before breaking bulk”
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