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SHIPSALE 22 is a standard Memorandum of Agreement (MOA) for ship sale and purchase. It provides an innovative and comprehensive approach to sale and purchase agreements with clauses following the sequence of events as they play out in a sale and purchase transaction. Copyright in SHIPSALE 22 is held by BIMCO.
After two years of redesign, BIMCO relaunches ship benchmarking system, Shipping KPI. The system helps shipowners and managers make strategic decisions about their fleet.
The International Association of Classification Societies (IACS) has publicised a new recommendation on how to build cyber resilient ships. It applies to the use of technical systems that provide important functions on board such as control, alarm, monitor, safety and internal communication.
The drafting team tasked with the revision of BIMCO’s suite of ship management and related third-party management agreements met in London last week to continue discussions on the revision of SHIPMAN, the widely used standard ship management agreement last updated in 2009. The draft is now ready for a first review by BIMCO’s Documentary Committee when it meets in April.
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.
BIMCO's position has been approved by the BIMCO Board of Directors.
BIMCO has taken the decision to revise and update SHIPMAN 2009 and CREWMAN A and B 2009 - the ship management sector's "go to" standard agreements.
BIMCO relaunches ship benchmarking system Shipping KPI after two years of redesign. The system helps shipowners and managers make strategic decisions about their fleet.
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility.
An efficient, safe, and environmentally sustainable port call depends on clear communication before, during and after operations are carried out.
