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Argentina has just passed a resolution to enforce phytosanitary measures against Asian gypsy moth (AGM) for international ships arriving at Argentinian ports.
SENASA, the Argentinian National Agrifood Health and Quality Service, recently decided to exempt certain products from phytosanitary and quality controls. A transition to a system of private inspections of holds loading grain products and by-products is currently being considered.
New resources available to support BIMCO members with ships calling at Argentine ports.
New resolution from the National Food and Grain Health Authority (SENASA) has come into effect for a testing period of one year.
RESPONSECON is an international spill response contract for hire of clean-up services and equipment following a spill of oil or other hazardous or noxious substances. The contract should not be used for spills occuring in the US – for such spills see US RESPONSECON. The latest edition of this contract is RESPONSECON, issued in 2017. Use of the contract is free of charge, but below Conditions of Use apply. Copyright in RESPONSECON is held by BIMCO.
The current demise of the dry bulk market isn’t one to go away anytime soon. That doesn’t mean that it can’t improve, with all ship classes expected to cover their operating costs by May. Meanwhile, demolition activity isn’t enough, at least thus far, to offset oversupply of tonnage in the dry bulk market.
As we are heading into Q4 our thoughts go back to the strong days during the end of last year. In spite of a recent strong return of Chinese iron ore imports, history is unlikely to repeat itself. Freight rates have been on the slide since mid-Summer and only Capes have resisted consistent erosion.
While the workhorses in the Panamax and Supramax segments performed in line with the BIMCO forecast – hovering around USD 15,000 per day – Handysize vessels performed slightly worse than expected, tipping their toes just South of the USD 10,000 per day. On the very positive side,
On 10 February 2016, the Baltic Dry Index (BDI) hit 290. At that point, a bulk carrier regardless of its size, age and fuel-efficient qualities earned a time charter average of USD 2,417-2,776 per day.
