The March issue of the Bulletin magazine is out
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BIMCO Search Results
China bans scrapping of foreign ships by end of year
The Chinese government has vowed to put an end to the scrapping of ships not carrying a Chinese flag.
Interview with BIMCO's Sabrina Chao
BIMCO's Immediate Past President Sabrina Chao was interviewed by Greek magazine Naftika Chronika about seafarers and their skills being crucial to the future of the industry
Demolition report dated 6 January 2023
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EU-flagged newbuildings to carry IHM
Starting 31 December 2018, EU-flagged newbuildings must carry out an inventory of hazardous materials on board and carry relevant certification.
Background
Although the Hong Kong Convention on the Recycling of Ships is not yet in force, there are a number of shipowners who are already seeking recycling yards with “green” credentials where their ships can be dismantled in an environmentally safe manner. The RECYCLECON contract voluntarily incorporates m... Please follow the link to continue reading.
BIMCO opens office in Brussels to be closer to EU decision-making
BIMCO has opened a new office in Brussels and hired Gudrun Janssens as Manager, Intergovernmental Engagement
Supply
The container ship fleet is forecast to grow 9.5% during 2024 and 4.9% during 2025, equal to 14.9% growth over the two years combined. The largest ships with capacities of 12,000 TEU or more, of which there are around 800, will contribute 75% of the total capacity growth as the order book remains l... Please follow the link to continue reading.
RECYCLECON
RECYCLECON is a standard contract for the sale of ships for recycling in a safe and environmentally sound manner. The contract incorporates many of the requirements of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (the Hong Kong Convention) su... Please follow the link to continue reading.
Supply
The crude tanker fleet is expected to grow by 2.0% and 0.4% in 2023 and 2024 respectively. Contracting of crude tankers has remained subdued and the order book remains low at only 3.7% of the size of the trading fleet. New ship deliveries will therefore remain low for the coming period. However, no ... Please follow the link to continue reading.
