Record high seaborne US crude oil exports in June 2019 27 August 2019 The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Market analysis Tanker
Preliminary ice forecast for new winter season 2018 -2019 for Gulf of Finland 11 October 2018 Some provisional ice forecast conditions for the new winter season 2018-2019 on the Gulf of Finland around areas of St.Petersburg, Ust-Luga and Vyborg/Vysotsk. News story Ports Ice information Russia
Reflections 2019: Global Shipping Scouts for Future Growth 18 December 2018 This article contains extracts from BIMCO's Reflections 2019, which will be available in full on 2 January 2019 on www.bimco.org and will be sent out to all BIMCO members alongside thier free member copy of BIMCO's Holiday Calendar 2019. Market analysis Container Dry cargo Macro Tanker
Baltic ice conditions near Russia - forecast for new season 2019-2020 21 November 2019 Ice forecast for new season 2019 -2020 covering the Gulf of Finland and Russia in the Baltic region. Information News story Ice information Finland Russia
Arrest Clause for Voyage Charter Parties 2019 07 February 2019 Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019. Clause Arrest Voyage charter
Arrest Clause for Time Charter Parties 2019 07 February 2019 Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two new standard clauses for time and voyage charter parties. Risk allocation is based on the “sphere of responsibilities” approach taken by the Court of Appeal of England and Wales in the "Global Santosh" judgment . Under this approach, a distinction is drawn between issues such as the management of the ship and its crew, which fall within the owners’ sphere of responsibility, and employment for use of the ship which falls within the charterers’ sphere of responsibility. This clause was published on 14 June 2019. Clause Arrest Time charter
ReCAAP ISC Piracy and sea robbery conference 2019 14 March 2019 ReCAAP Information Sharing Centre (ISC) together with BIMCO, INTERTANKO, and S. Rajaratnam School of International Studies (RSIS) will be organizing the conference on 9 April 2019 (1400 – 1700 hrs) during the Singapore Maritime Week. Security
Decarbonization & Digitalisation Forum 2019 13 November 2019 BIMCO's Wei Zhuang – Regional Manager Asia - will be speaking at the panel on how digitalisation can support the drive towards decarbonisation, which is part of the Hong Kong Maritime Week 2019. The event is arranged by Lloyd's Register and the British Consulate in Hong Kong.
Dry cargo fixture and market reports dated 1 March 2019 04 March 2019 CAPESIZE: The turn of the February into March for 2019 saw an expected further depression of freight rates. The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate. The weekly dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize. Market reports Dry bulk reports
Sale & purchase report dated 16 April 2019 23 April 2019 SnP activity keeps firming on a weekly basis, with MR tonnage remaining particularly popular in Buyers investing in the sector at the moment, while on the dry bulk side we had the first Capesize sale for 2019, which compared to the last done back in November indicates a discount of almost 13%. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers. Market reports Sale and purchase reports
