BIMCO has revised and updated its two standard ship repair contracts: REPAIRCON, which is for major work at a repair yard; and MINREPCON, which is for minor repair work that can be done by contractors when a ship is in port.
Today's weakness in box shipping might lead to 200 vessels being taken out of service until volumes rise, BIMCO analyst Peter Sand told Fairplay today.
This practical and easy to understand workbook supports the owner, Master and the ship's crew with cyber security risk management. It contains comprehensive checklists to assist with the day-to-day management of onboard cyber security and facilitates collaboration between ships, onshore IT departments and equipment manufacturers.
Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase in coming years as 17% of ships in the shipyards’ order books are expected to have a scrubber installed.
Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years.
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.
We have been heard a lot of debate and speculation regarding the commercial viability and attractiveness of ECO ships and fears of a two tier market reflecting ship energy efficiency. As a natural consequence of the obvious uncertainties and in an effort to address these, BIMCO has undertaken a review, the result of which is outlined below.