19 November 2020
BIMCO has published SHIPLEASE, a new standard term sheet for sale and leaseback transactions which will be presented at a series of free seminars in the coming months. We will start with two online seminars and, as soon as the situation allows, live networking seminars will be planned in Asia, Europe and USA.
03 November 2020
As the world’s seas and oceans become noisier, with little doubt that low levels of continuous noise can seriously impact the health of marine species, it is ever more likely that the shipping industry will have to get used to noise-reduction requirements and new regulations.
21 September 2020
Sale and leaseback transactions have seen a substantial increase in recent years as an alternative method of ship financing, and BIMCO has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved.
26 August 2020
Recent Newbuilding contracting activity revealed an appetite for new orders within the tanker sector with the 10 MR vessels ordered by Bahri Navigation making the headlines.
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.
06 August 2020
Over a series of meetings, the drafting committee developing the new BIMCO term sheet for ship sale and leaseback transactions has considered input received from industry experts. The term sheet is now ready to be presented to the Documentary Committee for adoption.
09 July 2020
Navigating the waters of Straits of Malacca and Singapore and associated waters, is not always straightforward and members need to be aware of certain legal risks that exists in these waters.
09 July 2020
The waters in and around the Straits of Malacca and Singapore can pose various risks to ships, one of which is conducting activities outside designated areas, if the ship is not simply transiting continuously and expeditiously.
05 May 2020
In recent years, the prospect of autonomous ships has become a hot topic for commercial shipping. The same fast-paced advances in technology that have led to projects to automate vehicles in every other sector of the transportation industry have also found their way to the shipping industry. Advances in camera technology, sensors, electromechanical actuators, and satellite technology appear to promise a world in which ships will traverse the oceans without a human on board.
20 March 2020
As the Coronavirus pandemic (COVID-19) continues to spread across different parts of the world, BIMCO is opening the port information section on its website with the aim to assist the industry.