13 April 2018
BIMCO is very satisfied with the Green House Gas (GHG) strategy adopted by the International Maritime Organization (IMO) at the Marine Environment Protection Committee on April 13. The strategy outlines a target to reduce GHG emissions by at least 50% by 2050 compared to 2008 while pursuing efforts towards phasing them out.
06 April 2022
The combination of high oil prices and the need to find alternatives to Russian crude has led to renewed interest in North Sea oil from politicians and industry alike. Previously, many had written off the North Sea’s future as a major producing region given declining UK output due to rising costs, decarbonisation pressure and low oil prices during the pandemic. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
13 April 2018
“The IMO has done something no one has done before: set an absolute target for emission reductions for an entire industry. It is a landmark achievement in the effort to reduce emissions, and something that every other industry should look to for inspiration,” says Lars Robert Pedersen, BIMCO Deputy Secretary General and delegate at the IMO meeting.
20 April 2022
The Board of Directors of BIMCO has approved the organisation’s updated greenhouse gas (GHG) position statement, elaborating on who it believes should pay for carbon pricing and warning that excessive retroactive measures could have negative unintended consequences.
06 January 2023
MARPOL Annex VI, regulations 26 & 28 incorporates requirements on ships of 5000 GT and above of certain types to amend their Ship Energy Efficiency Management Plans (SEEMP) with a new mandatory part III, and to calculate their “required annual operational CII” and their “attained CII” for each year starting 1 January 2023.
30 June 2022
Small practical steps and a holistic attitude are vital to shipping’s journey towards a fairer and greener future, says Prominence Maritime’s Ioanna Procopiou.
28 June 2023
The second meeting of the BIMCO ESG Network held on 21 June 2023 focussed on “getting started” with an ESG strategy - looking at how to build a strategy, prioritisation, and most importantly the challenges that might be faced. A lively discussion looked at wide ranging topics from why start, who pays, what standards to use and how to communicate.
02 March 2020
Get the latest insight and interviews in the March edition of BIMCO’s Bulletin magazine.
05 July 2022
A higher profile for shipping can reap long-term rewards and build a diverse, talented industry says BIMCO President Sabrina Chao.
15 March 2023
Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase in coming years as 17% of ships in the shipyards’ order books are expected to have a scrubber installed.