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Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU. As recycling of ships has remained low, the fleet capacity has grown 4.3% since January.
The standard term sheet for bilateral ship financing transactions adopted by BIMCO’s Documentary Committee has now been published together with explanatory notes on IDEA. A copy of the term sheet, codenamed SHIPTERM, and explanatory notes are also available .
What’s not to like about 2021 for container shipping?
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.
BIMCO’s Standard Term Sheet Subcommittee met on 15 June to consider feedback received on the draft term sheet agreed by the subcommittee in March...
Standardising and harmonising electronic ship to shore communication by integrating administrative, nautical and operational data, will strengthen port calls in general and support maritime digitalisation. This was one of the conclusions from the most recent meeting in the International Maritime Organization’s (IMO) Facilitation Committee (FAL) held 9-13 May 2022 (FAL 46).
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