BIMCO submits proposals to IMO to enhance exchange and harmonization of data

BIMCO has submitted two proposals to the International Maritime Organization (IMO) to pave the way for easy exchange of port logistic operational data and allow for real-time updates (notifications) between ship and shore.

Shipping industry urges governments to act on USD 5 billion decarbonisation fund

The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to support the decarbonisation of the industry.

Chinese iron ore imports fall to 14-month low in July

Chinese iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020.

Shipping industry welcomes IMO decision to give further consideration to USD 5 billion fund to accelerate decarbonisation

Copenhagen, Brussels, London and Washington; November 20, 2020 – The UN International Maritime Organization (IMO) has given initial consideration to an innovative proposal from the global shipping industry to collectively provide USD 5 billion to accelerate R&D to support its decarbonisation.

The impossible mission of improving operational efficiency year after year

The International Maritime Organization (IMO) recently approved regulatory changes that will require ships to improve their CO 2 emissions per transport work annually. In the best-case scenario, the new amendments may not be damaging to the industry’s efforts to reduce its carbon footprint. In the worst-case scenario, the ships’ CO2 emissions will rise, as more ships will be needed to obtain the required improvements.

Turkey, Botas Oil Terminal - Trade and Shipping

BIMCO launches survey to highlight biofouling management

Biofouling is getting increasing attention and pressure for biofouling management is mounting. Therefore, BIMCO is launching a survey to gain insight into how shipowners are managing the topic.

Germany, FR of, Gluckstadt - Ballast

Germany, FR of, Brunsbuttel - Ballast

Road to recovery

In 2016 the dry bulk shipping sector experienced some of the worst market conditions in history. In response, BIMCO produced a unique analysis model, named "Road to Recovery" to highlight actions needed for the struggling shipping markets to recover - and to track their progress.