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Cocaine, illegal timber, arms, cash, chemical weapons…and sea horses. Rarely are the crew, shipowner, operator or importer aware that their ships and containers are abused and used for illegal transport, and rarely is the crew on board involved.
The intention and purpose of the BIMCO Ship Sales Further Trading Clause 2023 (the “Clause”) is for the Buyers and Sellers of a Vessel to agree that the Vessel will continue to trade. This provides the Sellers with a reasonable level of protection and reduces any risk that they will be held liable for the actions of the Buyers once proprietary interest in the Vessel has passed onto the Buyers in instances where the Buyers dispose of the Vessel in contravention of any rules and regulations concerning the demolition or dismantling of Vessels.
United States requires all ships, U.S. flagged ships and foreign flagged ships that call on ports in the U.S, to ensure cyber risk management is appropriately addressed in their safety management system by the company's first annual verification of the Document of compliance after January 1, 2021. Failure to this requirement may result in detention of ship in US port.
In January 2021, BIMCO will be inviting the industry to view and offer feedback on the new Ship Sale Agreement in the pipeline. The new form is on track for publication in 2021.
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 January report is also provided.
Providing essential information on icebreakers assistance for ships entering or transiting the Northern Sea Route.
BIMCO has published two clauses that take a balanced approach to termination risk following ship arrest, in response to cases seen in recent years when some dry cargo charterers have tightened procedures to arrest under a charter party.
BIMCO and CIRM (Comité International Radio-Maritime) have taken the concept of the onboard software log to the International Organization for Standardization (ISO) to automate and modernise it. As a result, the ISO has published a new standard on a ship software logging system to be used for operational technology onboard ships.