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New Cost Category group added

21 December 2020

BIMCO Shipping KPI opens a new chapter with the implementation of reporting on cost categories. BIMCO has no access nor interest in these data on the user level. We encourage users to apply information for the years 2018, 2019 and 2020 and submit valuable feedback to the BIMCO Shipping KPI team

Need for rethinking about when to sail around the Cape of Good Hope?

22 April 2010

US President Obama has issued an Executive Order with the heading “Blocking Property of Certain Persons Contributing to the Conflict in Somalia”, which could have an impact on the possibility for paying ransom under some circumstances. The situation is not clear and perhaps some ship owners will consider how to address this situation before transiting the Gulf of Aden and the Somali Basin. On that background, we hereby include an updated version of our calculations regarding the cost part of the decision to go round the Cape of the Good Hope.