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Ship Management Academy

18 April 2024

In a unique cooperation between a BIMCO and the CBS Blue MBA Alumni Association, we present a new and unique learning experience. The Ship Management Academy is a comprehensive and intensive course designed to equip participants with the essential knowledge and skills required in the dynamic world of ship management. This program covers various topics, ranging from the commercial context of ship management to the intricacies of operational excellence and the latest advancements in the maritime industry. From the outset, participants will explore the fundamentals of ship management, exploring its history, core stakeholders, and the role of a ship manager as both an asset and risk manager. They will examine the competitive landscape and crucial aspects like reputation, performance, and relations management. The programme concludes with insights into the global maritime industry, geopolitical trends, and the expectations of shipowners, cargo owners, and operators. Next, participants will explore principles in ship management, legal aspects, and vessel operations, emphasising the importance of customer-centric approaches, organisational structures, and the need for scale and efficiency. Practical sessions, including case studies, provide participants with hands-on experiences, such as analysing the business case for outsourcing ship management services. The program also covers regulatory frameworks, energy efficiency measures, and alternative fuels, reflecting the industry's commitment to environmental sustainability. It explores performance management, key performance indicators (KPIs), and the role of digitalisation in enhancing service delivery excellence in depth. A significant part of the program is dedicated to exploring emerging industry trends, such as environmental, social, and governance (ESG) considerations, insurance, financial management, and controlling. Participants engage in case studies that are directly related to these trends, including PNI, salvage management, and various aspects of financial management and procurement. Throughout the program, participants benefit from practical sessions, case studies, and diverse topics, ensuring a well-rounded understanding of ship management's complexities and the tools necessary for success in this multifaceted industry. Upon completing the entire programme, all participants can take an online test and receive a certificate of Completion issued by BIMCO.

Agency Appointment Agreement

09 January 2017

The agency appointment agreement provides a set of standard provisions for appointing an agent for a one-off port call. The agreement is concluded between the agent and a shipowner, ship operator, charterer or manager, and it sets out the services to be performed and the remuneration to be paid. This contract was published 9 January 2017 and is the latest edition. Copyright in the Agency Appointment Agreement is held by FONASBA. The publishers are BIMCO and FONASBA.

BIMCO's advice on ship recycling

04 July 2023

The process of recycling ships and their components and parts requires careful adherence to legal instruments and regulations. In this expert advice article, we explore the key legal instruments governing ship recycling and discuss the challenges posed by the current regulatory landscape.

Sierra Leone to implement IMO 2020 penalties for non-compliant fuel

12 August 2021

From 1 September 2021, ship owners and operators calling at ports in Sierra Leone risk penalties of up to USD 15,000 if they carry fuel with a sulphur content exceeding 0.5 percent. Ships or members experiencing problems related to enforcement of MARPOL Annex V or unavailability of compliant fuel are encouraged to inform BIMCO via email hsse@bimco.org with “IMO 2020” in the subject field.

FONASBA Sub Agency Agreement

23 May 2022

The Sub-Agency Agreement was published by FONASBA (the Federation of National Associations of Ship Brokers and Agents) and approved by BIMCO in1998. It is a contract for the appointment by a general agent of a sub-agent on behalf of a liner principal. The current edition of this contract is FONASBA Sub-Agency Agreement, issued in 1998.