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The International Maritime Organization’s (IMO) latest resolution offers a much-needed path to help prepare for cyber attacks, which are seen as increasingly likely in this digital age. Since January, shipowners and operators have been obliged to assess and prepare for cyber threats to comply with the new resolution.
This practical and easy to understand workbook supports the owner, Master and the ship's crew with cyber security risk management. It contains comprehensive checklists to assist with the day-to-day management of onboard cyber security and facilitates collaboration between ships, onshore IT departments and equipment manufacturers.
Russia appears to have launched a full-scale invasion of Ukraine and maritime security will likely be affected.
The NATO Shipping Centre maintains a 24/7/365 oversight of security developments in the Euro-Atlantic area, the Mediterranean Sea, and the Black Sea. Shipowners are reminded of the Voluntary Reporting Scheme for the Mediterranean Sea.
The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in charter parties and other contracts are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes. This clause is intended for use in all trades except for container trades. A separate sanctions clause for the container trades is under development. This clause was published on 19 December 2019. It replaces the Sanctions Clause for Time Charter Parties 2010 and the Designated Entities Clause for Charter Parties 2013 (which have been combined to make a new single clause for ease of incorporation).
The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.
BIMCO’s Documentary Committee has agreed a new standard Cyber Security Clause that requires the parties to implement cyber security procedures and systems, to help reduce the risk of an incident and mitigate the consequences should a security breach occur.
BIMCO and the International Chamber of Shipping (ICS) have published a new cyber security workbook meant to serve as a guide for the master and officers on board ships and thereby help them prepare for a potential cyber incident.
Ships and shipping are vulnerable to cyber attacks so the industry joined forces and developed Guidelines on Cyber Security onboard Ships based on high-level principles
