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BIMCO to launch ESG network for members

21 February 2023

Recognising the growing importance of ESG as good business practice within the shipping industry, BIMCO will establish a network to support members in developing and reporting initiatives.

Documentary Committee approves new SUPPLYTIME

08 June 2017

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.

Check Before Fixing - Voyage Charters Masterclass

25 March 2024

Voyage chartering stands as a fundamental aspect of commercial shipping operations. With its contractual arrangements and complex logistical considerations, voyage chartering plays a pivotal role in facilitating the movement of goods worldwide. This is reflected in the wide range of voyage charter parties and stand-alone clauses produced by BIMCO for all aspects of shipping. The BIMCO Voyage Chartering Masterclass is designed to provide participants with a comprehensive understanding of the principles, practices, and challenges inherent in voyage chartering. Over the course of just two days, we will cover a wide range of aspects, both for the dry and wet side of the business. What we also aim to provide is a valuable networking platform for participants to connect and exchange ideas. To facilitate this, we will use group case studies to help participants gain a deeper understanding of how disputes and claims can be argued and resolved.

BIMCO and the UN World Food Programme issues modernised charter party

30 November 2017

BIMCO has together with the UN World Food Programme (WFP), updated and modernised the WORLDFOOD voyage charter party used by the UN organisation to transport food to emergency areas around the world. The aim was to create a contract that made WFP’s work easier and faster.

United States Coast Guard Port State Control Inspections

26 November 2014

Foreign vessels operating in United States waters are subject to inspection under Title 46 of the United States Code (U.S.C.) Chapter 33. Reciprocity is accorded to vessels of countries that are parties to the International Convention for the Safety of Life at Sea (SOLAS). In addition, certain provisions of the pollution prevention and navigation safety regulations (33 Code of Federal Regulations (CFR) 154-156 and 164, respectively) apply to foreign vessels operating in the United States waters.

BIMCO proposes reporting system for containers lost at sea

10 October 2018

BIMCO and the World Shipping Council (WCS) have launched a proposal for a mandatory and standardized reporting system to be developed, to address the safety and environmental risks associated with containers lost at sea.

BIMCO and FONASBA launch new general agency agreement

05 December 2017

BIMCO and FONASBA, the worldwide organisation representing shipbrokers and ship agents, have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services.

15+15 webinar: Getting what you pay for – a novel concept in bunkering?

27 March 2024

Early in 2024 Adrian Tolson published a White Paper arguing for the global adoption of calibrated mass flow meters (MFMs) in the bunkering industry. He argued that this progress will bring much-needed transparency to bunkering by generating accurate, real-time data for all stakeholders along the marine fuel supply chain. Describing the problems for the industry caused by inaccurate quantity measurement he sets out a number of remedial actions. The paper recognizes the success of Singapore’s MFM based bunker licensing system and proposes this as a template for regulators in other regions across the world. It calls on all supply chain participants to actively support MFM-based deliveries, promote transparency and encourage digitalization in the long-term interests of the bunker industry and to help further the decarbonization goals of the shipping industry. This 15+15 will explore these ideas and assess if there is a chance for real progress.