22 September 2020
BIMCO has collected statements from a number of flag states, port states and recognised organisations/classification societies (RO) and produced a regulatory analysis concerning COVID-19 and its possible implications on statutory ship certificates, surveys, inspections or audits under relevant International Maritime Organization (IMO) and International Labour Organization (ILO) instruments.
07 October 2019
The Fuel Oil Non-availability Report (FONAR) is not a get-out-of-jail-free card. What is meant as a useful last resort for a ship arriving with non-compliant fuel at a port could come with an expensive price tag.
23 August 2019
BIMCO has received a further update on developments in Ukraine which are provided below together with a renewed call to respond to the survey.
19 June 2019
The 101st session of the IMO’s Maritime Safety Committee (MSC 101) has held initial discussions in London on how to address the safety of ships when using fuel oil.
12 June 2019
At the IMO’s 101st meeting of the Maritime Safety Committee, BIMCO’s Head of Maritime Security – Jakob P. Larsen – spoke in a direct fashion about the serious situation posed by piracy in the Gulf of Guinea, and especially off the coast of Nigeria.
12 June 2019
The tanker market is – even more so than before – all about geopolitics.
05 December 2018
BIMCO applauds the landmark announcement by Maersk of its ambition to reach carbon neutrality by 2050.
21 November 2018
26 September 2018
China officials have confirmed that there are no plans to impose a ban on open loop scrubbers in the country, as long as they are in compliance with prevailing regulation.
02 May 2018
SHIPTERM S is a standardised term sheet intended for use in a syndicated, secured term loan ship financing transaction. The term sheet has been prepared for use in transactions between a syndicate of lenders and one or more affiliated borrowers. The latest edition of this contract is SHIPTERM S, issued in 2018.
Copyright in SHIPTERM S is held by BIMCO.