Preventing pest container contamination 16 June 2017 Preventing pest container contamination was one of the many items discussed at IMO’s Maritime Safety Committee (MSC 98). Cyber risk management, autonomous ships, security and adoption of amendments to mandatory instruments were also on the agenda. News story Safety Cargo Security
MSC 98 will consider the future for unmanned shipping 02 June 2017 For the first time, IMO will discuss the maritime autonomous ships. The use of autonomous ships – or so-called unmanned ships - will create the need for a regulatory framework for such ships and their interaction and co-existence with manned ships. News story Safety Security
Port reception facilities and port state control on the IMO agenda 29 September 2017 This week’s meeting of the Implementation of IMO Instrument (III) Sub-Committee was in general business as usual because no controversial issues were raised. The bulk of the meeting papers consisted of the different Port State Control (PSC) regimes’ annual reports. News story Safety Ships inspections and Port State control
Chartering fraud 22 August 2017 BIMCO is aware that fraudsters, previously mainly trying to trick owners into paying large amounts by way of “liner in costs”, have expanded their “business” into time charter. Owners should be vigilant and at all times ensure they know their counterpart. News story Managing payment risk Fraud
Indian service tax - update 5 May 05 May 2017 BIMCO continues to hear back from members on the issue of the Indian Service Tax. News story Ports Taxes and tariffs India
Indian service tax change imposed affecting owners and operators of ships calling India to discharge 20 January 2017 On 12 January the Indian Government issued notifications related to the payment of Service Tax. News story Ports Taxes and tariffs India
Pest Alert – Brown Marmorated Stink Bug – Vessels Beware! 31 August 2018 Seasonal measures introduced by Australia, New Zealand and Chile to combat marmorated stink bug risk. News story Ports Restrictions and sanctions Phytosanitary restrictions Australia New Zealand Chile
Tanker Shipping - Crude oil tankers out-perform their oil product peers in a market full of surprises 15 August 2014 Some time ago, BIMCO expected the first signs of a solid recovery in the oil tanker industry to appear in the product tanker market. However, like other soon-to-arrive recoveries, the waiting time tends to increase as we approach the expected tipping point. This time around, global refinery throughput started the year strongly but entered a still running soft patch in May, high volumes but shorter hauls out of the US Gulf, and the steady inflow of new ships were part of the cocktail that prevented freight rates from taking off big time. Market analysis Tanker
Macro Economics: Demand supported by EU and US while China is creating uncertainty 08 October 2015 All eyes are on China in recent months as most other non-Chinese economic indicators have been dwarfed by the government’s actions and markets’ reactions. It is all of the things that we don’t know about the Chinese economy that is worrying, not the fact that the economy is in a transition phase which inevitably will drive down GDP growth and change import and export patterns. Market analysis Macro 2015
No respite for shipping from the slow growth of the global economy 20 January 2015 Limited economic growth potential and the slow pace of recovery of the global economy is only easing the pain in the global shipping industry to some degree... Market analysis
