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New BIMCO Shipping KPI version to improve user interface and benchmarking

24 September 2020

The BIMCO Shipping KPI version 4 is expected to be released before the end of September with the aim to provide registered KPI users with improved measures to perform more accurate benchmarking. The new version of the Shipping KPI will feature fundamental changes to the processing of information and include an improved user interface

Recent Somali pirate attacks emphasise the importance of ship self-protection

13 March 2024

In recent months, Somali pirates have repeatedly attacked and hijacked a number of merchant vessels in international waters. These incidents serve as a grim reminder of the critical importance of BMP5 (Best Management Practices to Deter Piracy and Enhance Maritime Security in the Red Sea, Gulf of Aden, Indian Ocean, and Arabian Sea) in the shipping industry.

Customised inhouse training

19 November 2021

Empower your shipping practitioners to overcome today’s maritime commercial and legal challenges, with BIMCO training that’s made just for you.

First global standard for ship hull cleaning essential for marine ecosystems

26 May 2020

BIMCO, the world’s largest shipping association, has moved a step closer to finishing a global set of guidelines needed to protect the marine environment from invasive species and reduce CO2 emissions. Currently, there is no common global standard for cleaning ships’ hulls to avoid transferring invasive aquatic species, nor for the potentially damaging debris washed off in the process.

Standard Deposit Escrow Agreement for Ship Sale and Purchase

22 November 2017

The Standard Deposit Escrow Agreement for Ship Sale and Purchase is a contract for depositing money in connection with ship sale and purchase transaction. The latest edition of this contract is the Standard Deposit Escrow Agreement for Ship Sale and Purchase, issued in 2017. Copyright in the Standard Deposit Escrow Agreement for Ship Sale and Purchase is held by BIMCO.

Suez Canal ship transits rise amidst the Covid-19 pandemic

16 June 2020

Transits through the Suez Canal, the beating heart of the Egyptian economy, have stayed remarkably resilient to the fallout of the Covid-19 pandemic if judging by total transits of the three commercial shipping sectors which are up 8% year-on-year.