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Damaged towing gear – who pays?

23 January 2020

Tow wires on board tugs are expensive. If they break during an ocean towage operation, who should be responsible for repairing or replacing them? These and other issues were discussed in the latest meeting of the revision of BIMCO’s towage agreements TOWCON and TOWHIRE 2008.

BIMCO joins industry in calling for establishment of a new traffic separation scheme south of Sri Lanka

01 June 2023

BIMCO has joined with a number of industry bodies and the International Whaling Commission (IWC) and the International Fund for Animal Welfare (IFAW) to submit a paper to the upcoming meeting of the IMO’s Marine Environmental Protection Committee (MEPC 80). The paper calls for the establishment of a new traffic separation scheme (TSS) south of Sri Lanka to protect marine species including the endangered Blue Whale.