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Providing information on assignment of a Bulk Cargo Shipping Name (BCSN) in the IMSBC Code and the latest amendment made to such assignment, brought about by Amendment 05-19.
This is the latest edition of BARGEHIRE which is a bareboat charter party specifically designed for unmanned, non-self-propelled seagoing barges. It is a lease agreement whereby the charterer obtains possession and full control of the barge along with the legal and financial responsibility for it as further detailed in the BARGEHIRE. The charterer generally pays for operating expenses such as maintenance and repairs but, unlike bareboat chartered ships, barges are often chartered with owner’s Hull & Machinery insurance made available to the charterer. Although not as often, Protection & Indemnity insurance can also be made available to charterers, especially when the duration of the contract is short. Copyright in BARGEHIRE 2021 is held by BIMCO.
BIMCO representatives from the Maritime Information Department have attended the 5th session of the International Maritime Organization (IMO)’s Sub-Committee on Carriage of Cargoes and Containers (CCC 5), held at the IMO London headquarters from 10 to 14 September 2018.
Retail sales are a key driver of European container imports. In early 2020 and early 2021, retail sales volumes in the EU and the UK suffered setbacks due to COVID restrictions but recently, high inflation and historically low consumer confidence have been the main concerns.
BIMCO providing information and guidance relating to fumigation of cargoes that are shipped under the IMSBC Code, the Grain Code and the IMDG Code.
It's been a while since we saw such a short list of new constructions like the one compiled for last week's orders. Indeed, only one order was inked; Croatian owner Atlantska exercised an option for the construction of two more 82,000dwt vessels at New Hantong yard for a price of $34.25 million each. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
On 5th December 2019, BIMCO held a one-hour long webinar session on the IMSBC Code, highlighting the difficulties that shipowners encounter when they are transporting solid bulk cargoes, together with some BIMCO recommendations put forward that could help improve the situation.
The recent newbuilding list was shorter compared to the previous one with a total of four orders coming to light. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
The recent newbuilding list was shorter compared to the previous one with a total of four orders coming to light. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
The newbuilding market continues to see softer activity compared to previous months with the most recently surfacing orders concerning exclusively non-conventional units. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
