BIMCO Search Results

BIMCO embarks on new standard for “quiet enjoyment”

A newly set-up BIMCO drafting team involving a cross-section of shipowners, charterers, financing and leasing institutions and private practice lawyers from Asia, Europe and the US began work this week to develop a standard letter of quiet enjoyment (LQE) for use in long term charter and leasing str... Please follow the link to continue reading.

Recording of wash water analysis webinar

This is a recording of a webinar which took place on 16 December 2021 about the use of wash water analysis as opposed to wall wash tests to ascertain tank cleanliness before commencement of loading operations in chemical tankers.

Airline capacity 37% lower than 2019, curbing demand for jet fuel

In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo demand. When travel restrictions were imposed during the pandemic, air travel suffered significantly and jet fuel shipments in 2021 were down approximately 33% compared to 2019. Airlines... Please follow the link to continue reading.