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What are Customs Co-operation Agreements (CCAs)?

17 October 2013

For the benefit of its members, BIMCO has made a series of agreements with 15 national customs authorities (Belgium, Canada, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Sweden, the United Kingdom and the United States)- Customs Co-operation Agreements (CCAs)- as a means of mitigating delays and costs resulting from the discovery of drugs aboard a member vessel.

Tankers still in demand despite bleak outlook

15 March 2011

One year ago the tanker orderbook stood at 132 million DWT – today it totals 118 million DWT. The total orderbook is down by 11% over the last year. Even though new contracts are being signed at a steady pace, that pace remains slower than that of newbuildings being delivered.

Macro Economics

14 December 2009

Much depends on whether public stimulus will be followed by “real” demand. Global economy: The global economy has returned to positive growth following dramatic declines.