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From 1 January 2024, ports and authorities around the world will need to follow new requirements from the IMO to use a “single window” platform to exchange data electronically. A survey conducted by shipping industry stakeholders including BIMCO has revealed a strong demand for a streamlined, standardised Maritime Single Window (MSW) system.
Russia appears to have launched a full-scale invasion of Ukraine and maritime security will likely be affected.
The sanctions landscape has grown increasingly complex. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully worded sanctions clauses in contracts of affreightment are vital for internationally trading companies to help them manage and mitigate their sanctions risk and to enable them to continue to do business while remaining compliant with the various sanctions regimes.
The sanctions landscape for the container trade has grown increasingly complex over the past decade. To provide the container industry with a bespoke contractual solution that addresses the practical and commercial realities of the liner trade BIMCO has developed a Sanctions Clause for Container Vessel Time Charter Parties 2020.
December 2019 IMO publishes a Corrigenda to the IMDG Code (Amendment 39-18)
Ashok Srinivasan, Manager in Maritime Safety and Security at BIMCO, is speaking as part of panel for Maritime Technologies Forum (MTF) on Safe Maritime Decarbonisation and alternative fuels.
