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BIMCO adopts ship financing term sheet

23 November 2016

In a landmark decision, BIMCO cemented its move into the domain of ship financing with the Documentary Committee’s approval of a standard term sheet for use in ship financing transactions on 17 November 2016.

New BIMCO clause promotes harmonised ship-shore data exchange

16 April 2021

BIMCO has published a charter party clause promoting the use of the IMO’s data model framework. The publication is an extension of BIMCO’s strategic objective to encourage greater efficiency and harmonisation in the ship-shore interface.

BIMCO helps pave the way for automated ship reporting

08 June 2018

As the shipping sector strives for efficiency, BIMCO has provided input at the International Maritime Organisation (IMO) in a bid to facilitate the harmonisation of data ahead of the April 2019 deadline when new mandatory requirements come into force for automated ship reporting.