BIMCO Search Results

IMO Legal Committee agrees unified interpretation on limitation of liability

10 August 2021

At its meeting held from 26 to 30 July 2021, the Legal Committee (LEG) of the International Maritime Organization (IMO) agreed on a unified interpretation of the test for breaking a shipowner’s right to limit liability under certain IMO conventions. The committee also considered several other issues relating to the abandonment of seafarers, to Maritime Autonomous Surface Ships (MASS) and to the committee’s future work programme.

New rules for ships calling at Honduran ports

20 December 2017

The Honduran Maritime Authority has announced that all vessels visiting Honduran waters or requesting anchoring within the jurisdictional waters of Honduras, need to arrange stand-by marine pollution response with a local oil and HNS spills response organisation (OSRO).

Suez Canal ship transits rise amidst the Covid-19 pandemic

16 June 2020

Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.

The Guidelines on Cyber Security Onboard Ships up for review

13 May 2020

16 months after publishing the 3rd version of The Guidelines on Cyber Security Onboard Ships, the guidelines are again up for review.

BIMCO drafts standard documentation for ships unable to get compliant fuel in 2020

04 July 2018

BIMCO has drafted a standard form which can provide documentation for shipowners unable to buy compliant fuel in a port. The standard will be discussed at the Intersessional meeting the International Maritime Organization (IMO) in July.

BIMCO's Guidelines on Ship and Voyage Specific Risk Assessment

20 November 2018

Q&A interview on SHIPLEASE, BIMCO’s new standard term sheet for ship sale and leaseback deals

12 October 2020

BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback. SHIPLEASE is an indicative term sheet for use in both operating and finance leases. It has been developed mainly for second-hand ships but can be adapted to fit newbuildings.