Responding to the UN Secretary-General’s call for “urgency and ambition” on climate change, the entire global shipping industry is giving “full and unequivocal” backing to a moon-shot proposal submitted by governments, to catalyse the complete decarbonisation of maritime transport by deployment at s... Please follow the link to continue reading.
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BIMCO’s contract for security escort vessels, SEV-GUARDCON, was introduced back in January 2022. Maritime security company Ambrey shares its views on the contract and how it has saved time and effort in concluding agreements for escort services in West Africa
The attacks on merchant ships in the Gulf of Guinea by Nigerian pirates must end. So far, 99 maritime companies, organisations and flag states, including BIMCO, have signed the Gulf of Guinea Declaration on Suppression of Piracy, which was launched today.
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We forecast that crude tanker cargo volumes will grow 1.0-2.0% year-on-year in both 2024 and 2025. The average sailing distance is predicted to increase 7% in 2024 due to ships avoiding the Red Sea and the Suez Canal but fall approximately 5.5% in 2025 as we assume that ships may be able to return... Please follow the link to continue reading.
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