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The shipping market in 2016 and looking forward

03 January 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

Shipmaster's Security Manual 2019

31 January 2019

The BIMCO Shipmaster’s Security Manual is dedicated to helping members protect their crews, ships, operations and ultimately their businesses, against the challenges posed by pirates, cyber criminals, drug smugglers, stowaways, terrorists and migrants, and to provide guidance on the comprehensive regulatory framework that exists in the security field.

SERVICECON

20 September 2016

SERVICECON is a standard service contract whereby a shipper undertakes to transport a minimum number of containers over an agreed given period. It has been developed to provide a basis for volume carriage in liner trades worldwide. Individual shipments are subject to the contracting carrier’s own bills of lading or sea waybills which are incorporated into the SERVICECON agreement. The latest edition of this contract is SERVICECON, issued in 2014. Copyright in SERVICECON is held by BIMCO.

Entry into enclosed spaces

02 May 2019

Despite decades of the shipping Industry's and the regulators' efforts in developing guidance and even changing the SOLAS regulations, it has to be admitted that the task of entering enclosed spaces is still a high risk operation.