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This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The full CSA report is also provided.
The 5th session of the International Maritime Organization (IMO) Sub-Committee on Ship Design and Construction (SDC 5) will be held in London from 22 to 26 January 2018.
Joint-industry alert on piracy in the Gulf of Guinea
The US Environmental Protection Agency has announced that the awaited third Vessel General Permit (VGP 3.0) will be delayed, putting pressure on shipowners and operators to make sure they are covered prior to the December 18 deadline.
All the talk and rumours in the industry and in the press about ship orders being cancelled, delayed or postponed is beginning to show in the order book
In recent months, Somali pirates have repeatedly attacked and hijacked a number of merchant vessels in international waters. These incidents serve as a grim reminder of the critical importance of BMP5 (Best Management Practices to Deter Piracy and Enhance Maritime Security in the Red Sea, Gulf of Aden, Indian Ocean, and Arabian Sea) in the shipping industry.
The shipping number of the week provides numbers with a brief analysis of relevant developments in the shipping markets.
The focus on underwater radiated noise (URN) from shipping has significantly increased over the past few years. As a result, the International Maritime Organization (IMO) has decided to raise awareness of the issue by drawing on lessons learned from the recently updated, non-mandatory IMO Guidelines. These aim to monitor the impact of URN from shipping and assess the efficacy of different mitigation solutions.
What’s not to like about 2021 for container shipping?
Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.
