Missile attack or suicide boat? Claim and counter claim by both sides in Saudi Arabian warship attack in the Red Sea
01 February 2017Members are advised of the UK MTO advisory published yesterday concerning the attack in the Red Sea.
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Members are advised of the UK MTO advisory published yesterday concerning the attack in the Red Sea.
The BIMCO Standard General Average Absorption Clause, for use in marine insurance policies, was updated in 2017 to give effect to the revised York-Antwerp Rules 2016. Further modifications have now been made to streamline the basis for determining insurers’ payments. Details are set out below together with advice on adapting the clause where the underlying marine insurance policy covers more than one vessel. The 2018 clause should be used in place of the 2017 provision. The original 2002 version of the Clause, based on the York-Antwerp Rules 1994, should no longer be used.
The Maritime Reporting Model (MRM), developed by BIMCO and partners, can reduce the administrative workload for ship masters by 80% in connection with port calls.
Industry associations have revised the security guidance applicable to navigating in the Southern Red Sea and Gulf of Aden.
Agent membership is open to companies operating as ship agents. Find out prices and more about joining BIMCO as an agent member
BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024.
BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of distressed migrants in the Mediterranean Sea.
It is with deep sorrow that we learned of the passing of Captain Jitendra Misra on 23 March. Tributes to the late shipping veteran have acknowledged his passion for our industry and hailed his warm and friendly persona.
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+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)