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New solutions needed as waiting times at Brazilian ports reach 15 days
14 December 2023Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days, up from nine days average between 2018 and 2022 and well above the global average of five days for grain loadings in 2023.
Explanatory notes
27 November 2018Nigeria, Antan Oil Terminal - Ballast
27 February 2018Voyage Charters Masterclass
18 April 2024Voyage chartering stands as a fundamental aspect of commercial shipping operations. With its contractual arrangements and complex logistical considerations, voyage chartering plays a pivotal role in facilitating the movement of goods worldwide. This is reflected in the wide range of voyage charter parties and stand-alone clauses produced by BIMCO for all aspects of shipping. The BIMCO Voyage Chartering Masterclass is designed to provide participants with a comprehensive understanding of the principles, practices, and challenges inherent in voyage chartering. Over the course of just two days, we will cover a wide range of aspects, both for the dry and wet side of the business. What we also aim to provide is a valuable networking platform for participants to connect and exchange ideas. To facilitate this, we will use group case studies to help participants gain a deeper understanding of how disputes and claims can be argued and resolved.
Just In Time arrivals for bulkers and tankers – International Taskforce Port Call Optimisation
14 February 2024Recently, shipping companies have begun to include Just In Time (JIT) procedures as an energy efficient measure in their vessel’s Ship Energy Efficiency Management Plan (SEEMP). The implementation of the Carbon Intensity Indicator (CII) by the International Maritime Organization (IMO) as per 01/01/23, has increased this practice as shipowners seek to identify practical methods to reduce their emissions.
Novel Coronavirus - the importance of contractual clarity
07 February 2020BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.
Novel Coronavirus - the importance of contractual clarity
07 February 2020BIMCO has received numerous enquiries from members uncertain about how the Novel Coronavirus outbreak will impact contracts. The following includes some general remarks, but it is important to evaluate carefully each situation on its own merits.
Background
08 December 2023New BIMCO Force Majeure Clause ready for review
11 December 2020A first draft of the BIMCO Force Majeure Clause will be presented for review at the BIMCO Documentary Committee meeting 25-26 January 2021.
