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Tanker shipping - profitability still a way off for loss-making tankers as pandemic drags on
08 September 2021New virus mutations and outbreaks have slowed the recovery in global oil demand as some countries lock down again and international travel remains complicated.
BIMCO Infectious Diseases Clause and the allocation of COVID risks in charter parties
31 August 2021BIMCO's Nina Stuhrmann, Manager, Contracts & Clause, will be taking part in a joint seminar between 4 Pump Court and BIMCO to discuss the forthcoming re-draft of the BIMCO Infectious Diseases Clause and, more widely, issues arising under many charter parties about who bears time and money consequences of delays and disruption.
Cash-rich shipowners double container ship order book in 2021
26 August 2021What’s not to like about 2021 for container shipping?
Time Charters Masterclass Online
New BIMCO/ICS Seafarer Workforce Report warns of serious potential officer shortage
28 July 2021Launched today, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of officers by 2026. Given the growing demand for STCW certified officers, the Report predicts that there will be a need for an additional 89,510 officers by 2026 to operate the world merchant fleet. The report estimates that 1.89 million seafarers currently serve the world merchant fleet, operating over 74,000 vessels around the globe.
BIMCO issues updated list of restrictions on scrubber wash water discharge
02 July 2021BIMCO has issued an updated list of local restrictions on the discharge of the wash water from Exhaust Gas Cleaning Systems (EGCS), also known as scrubbers.
BIMCO updating Infectious or Contagious Diseases Clauses to address pandemics
02 July 2021The experiences of operating during the Covid-19 pandemic and the challenges this has created have prompted a review of the BIMCO Infectious or Contagious Diseases Clauses (the "IOCD Clauses”).
BIMCO updating Infectious or Contagious Diseases Clauses to address pandemics
01 July 2021BIMCO updating Infectious or Contagious Diseases Clauses to address pandemics
BIMCO eases administration of the Shipping-KPI
24 June 2021The planned release of a new spreadsheet format for data submissions scheduled for launch in the second half of 2021 heralds an increased focus on account management for users of the BIMCO Shipping-KPI.
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