Anna Wollin, Manager, Contracts and Clauses at BIMCO, says that many of the disputes that commonly occur when a ship is redelivered at the end of a time charter could be avoided by using clearer wording in contracts.
The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out, demand growth prospects for the year across all segments. The outbreak has also affected fleet development.
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 May report is also provided.
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 April report is also provided.
The IMO’s Maritime Safety Committee (MSC) considered the ongoing scoping exercise to identify affected IMO regulations by Maritime Autonomous Surface Ships (MASS) at its 101st session in which the Maritime Technology & Regulation and Security departments represented BIMCO.
The United States Coast Guard (USCG) and United States Environmental Protection Agency (EPA) have developed voluntary best management practices for ballast water discharges for ships in order to mitigate the risk of transferring Stony Coral Tissue Loss Disease.