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Strait talking: Security against the backdrop of Grace 1 and Stena Impero

29 August 2019

Join BIMCO's Jakob Larsen, INTERTANKO's Philip Belcher, UK Chamber of Shipping's David Balston, and Tatham Law's Stephen Askins for a candid discussion and clear advice on present and future tanker safety, security and commercial issues in the Straits of Hormuz and Gulf of Oman.

War risks - Hull insurance against war, piracy, terrorism and related perils

04 April 2022

Normally referred to as war risk insurance, this type of insurance is an add-on to the normal hull and machinery insurance. The concept consists of a list of areas for which the insurer assesses that the risks to the ship’s hull are elevated, and for which an added premium will have to be paid.

Ukraine – Ballast water inspection problems

16 March 2018

As reported some years ago under the heading "Ukraine Ballast Water Problems in Ports" this still seems to be a problematic issue as BIMCO has received an update from the the Japan Ship Owners' Mutual Protection & Indemnity Association.

04 Apr Russia added to the JWC Listed Areas – contractual implications

04 April 2022

This short note deals with some of the key issues that may affect the obligations and rights of charterers and owners resulting from Russia being added to the JWC Listed Areas, with a focus on BIMCO clauses. In all circumstances, parties should carefully review their contractual terms for current and future fixtures and, if in any doubt, seek legal advice before acting.

BIMCO COVID 19 weekly report dated 22 April 2022

22 April 2022

This BIMCO COVID 19 weekly report for the week ending 22 April covers the International Maritime Organization (IMO) including crew change national contact point, China, Germany, Singapore, USA, UK P&I Club's Global Crew Change Advice, and the latest from the World Health Organization (WHO) and the International Labour Organization (ILO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, WHO, ILO and the Port State Control MoU regimes.

COVID 19 - BIMCO supports the industry with contracts and clauses

09 December 2021

The recently imposed new restrictions in several ports will have an impact on the operations of ships. Performing crew changes will very likely become more difficult and result in floating quarantines, meaning that more delays and disruptions in supply chains can be expected. With the new variant creating uncertainty for shipowners, even more complex planning will be needed to avoid financial losses.