Non-execution - brokerage

European Commission reacts to industry’s concern about IHM compliance

The European Commission (EC) has listened and reacted to industry’s concern about adhering to the upcoming deadline on 31 December 2020 for the European Union’s Ship Recycling Regulations (EUSRR) inventory of hazardous materials (IHM) owing to the disruption caused by the Covid-19 pandemic. The new EC guidelines give shipowners a limited but welcome respite by applying a harmonised approach for a period of 6 months after the entry into application of the IHM obligations.

Canada, British Columbia - International Tug of Opportunity System (ITOS)

Joint WSC, BIMCO and ICS statement on joint international statement on Red Sea attacks

Washington/Copenhagen/London, 3 January 2024; The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.

COVID-19 and its consequences on shipbuilding contracts

The spread of the COVID-19 virus is causing significant issues in the shipbuilding industry, but English law has no general concept of force majeure, and this is a key factor in the relationship between shipyards and shipowners.

BIMCO SmartCon information and available contracts

There is a new version of BIMCO SmartCon and it combines the fast, simple and easy approach from the online version, together with the track changes and comments from Word. The editor is online and you don't need to install anything, the only requirement is that you have the latest version of a modern browser like Google Chrome and Microsoft Edge.

BIMCO and ASBA join forces to develop gas tanker voyage charter party

ASBATANKVOY, one of the most widely used tanker charter parties in the world, will form the basis when BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) begin to jointly develop a charter party specifically for use in the gas tanker trade.

International Shipping and Maritime Trade

The training program has been specifically tailored to meet the needs of individuals who require an understanding of the maritime industry within a condensed two-day timeframe. It is designed especially for professionals in the public and political sectors. Still, it will be suitable for a wide range of professionals with a vested interest in learning more about the maritime and shipping sector. The programme has been developed jointly by the Antwerp Maritime Academy, The Belgian Shipowners Association, and BIMCO. Each organisation contributed unique skills to enhance the program's quality and relevance. The programme is practical in scope, with a visit to the Port of Antwerp and presentations on contemporary topics like global regulations affecting shipping and their commercial strategies, sustainability efforts in shipping, and an overview of shipping as a critical infrastructure component in global trade.

Documentary Committee approves new SUPPLYTIME

The spring meeting of the Documentary Committee, chaired by Francis Sarre, was held in Rome on 6 June. The sixty-strong committee discussed an extensive and diverse range of documentary projects and approved for publication three new contracts and one clause.

Stinne Taiger Ivø appointed Deputy Secretary General at BIMCO

BIMCO’s Director of Contracts & Support, Stinne Taiger Ivø, has been appointed Deputy Secretary General at BIMCO from 1 January 2024.