06 July 2018
The Chinese Ministry of Transport has announced new regulations requiring all ships imported for domestic use, and Chinese flagged ships for international use, to be compliant with IMO Tier II emissions standards from 1 September 2018, in a bid to cut NOx emissions from diesel engines.
18 November 2010
Shipping Analyst at BIMCO, Peter Sand, spoke earlier this week at the 23rd International Lloyd's List & Lloyd's Shipping Economist Ship Finance & Investment Conference in London, UK on 16-17 November 2010.
03 July 2018
It is a daunting task so prepare a fleet of ships for the sulphur regulations. Therefore, BIMCO has, together with the partners behind a new IMO-proposal, made a draft for an implementation plan for achieving compliance with the 0.5% global sulphur cap. The plan has the additional purpose of showing the good faith of the ship operator during inspections.
21 April 2022
BIMCO supports a proposal from the Netherlands and Germany to amend MSC.1/Circ. 1374 concerning the removal of asbestos containing material (ACM) installed on board ships with the aim to keep both ships and crew safe.
10 January 2022
02 May 2018
BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on May 2 in New York.
05 May 2022
At the recent BIMCO Ship Manager Advisory Panel meeting the main topic was not surprisingly, the ongoing negotiations about t he future EU ETS.
18 October 2021
Biofouling is the accumulation of aquatic plants and animal organisms on surfaces and structures immersed in or exposed to the aquatic environment. Biofouling growth on ships’ hulls means an increase in drag (resistance of the ship through the water) leading to more fuel consumption, and more greenhouse gases (GHG) emitted. State-of-the-art management of biofouling will result in significant fuel efficiency gains, in addition to minimizing the transfer of invasive aquatic species to local marine environments.
18 January 2017
The Hebei Maritime Safety Administration (MSA) in China has recently released a case where the local regulator fined a ship that burned high sulphur content fuel.
25 May 2018
Revised emergency response procedures for ships carrying dangerous goods was one of the many items discussed at IMO’s Maritime Safety Committee (MSC 99). Autonomous ships, security and adoption of amendments to mandatory instruments were also on the agenda.