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In 2009, the United States Coast Guard (USCG) issued a safety alert highlighting the possible hazards arising from switching from residual fuel oils to distillate fuel oils in order to reduce emissions.
BIMCO's masterclass on marine carriage contracts, liabilities and cargo claims examines specific issues arising when goods are damaged, lost or delayed during transit.
The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organisation (IMO), World Health Organisation (WHO) and International Labour Organisation (ILO). BIMCO provides the following update for this week ending Friday, 4 December 2020
Mr Punit Oza has over 30 years of experience in Dry Bulk Shipping, holding senior management positions in some leading shipping companies including Precious Shipping, Noble Group & Torvald Klaveness. Punit now helms his own company, Maritime NXT, Singapore, a platform dedicated to investing, training, teaching, mentoring, consulting & collaborating in commercial shipping & digital transformation space. He is an angel investor and advisor in Motion Ventures and sits on the advisory boards of two startups. Punit holds a Masters in Shipping, Trade and Finance from Bayes Business School, UK and a LLB and Post Graduate Diploma in Maritime Law from University of London. He is a Senior Adjunct Fellow at MPA Academy, and a Guest Lecturer at Singapore Management University (SMU). He is a Fellow of the Institute of Chartered Shipbrokers, UK and currently the Vice Chairman of the Singapore Branch of the Institute.
The masterclass focuses on the interrelationship between marine insurance, charter parties and the commodity sales contract. It covers the legal and practical aspects of hull and machinery, cargo claims and P&I.
BIMCO receives a monthly update from the Chamber of Shipping of America (CSA) advising BIMCO of the latest legislative developments affecting international shipping in the US. BIMCO produces a brief based on CSA’s January update so members can have a quick update. The full CSA report is also provided.
In Athens last week, the leaders of the major shipping industry trade associations agreed to work together to prioritise seafarers.
