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BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership, innovation and pioneering business strategy in shipping were clearly recognised by the judges in the choice of winners.
In response to growing concerns and increasing attacks in the region, a taskforce of stakeholders from across the shipping industry drafted the Gulf of Guinea Declaration on Suppression of Piracy.
BIMCO recognises that there is a growing number of newer maritime arbitration venues offering their services to the industry. To assist users who wish to resolve their disputes using arbitration services outside the main London, New York and Singapore venues, BIMCO has prepared a list of links to alternative arbitration centres where users can find out more information about these venues.
The big news this week centered around the decisive steps taken by the Indian government, to approve the implementation of the ‘Recycling of Ships Bill, 2019’ and accession to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The International Maritime Employer’s Council (IMEC) and the International Transport Worker’s Federation (ITF) have set up quarantine and testing facilities in Manila to facilitate crew changes and address concerns about quarantine quality and fake COVID-19 tests.
A speaker blog for World Ocean Summit Asia-Pacific by Sabrina Chao, president of BIMCO, published in The Economist Impact, September 2020