Many agricultural trades have been exceptionally strong in 2021 and several grain types have experienced record high exports. US corn exports are no exception.
The clause provides a standardised framework for charterers and owners to agree on and include in their charter parties. It addresses compliance with the regulation of Russian oil and petroleum products following the EU/G7 measures, which implemented an oil price cap on specific oil products originating from or exported by Russia. BIMCO has developed a comprehensive and adaptable clause that caters to the needs of various industry stakeholders, promoting responsible shipping practices and ensuring compliance with the evolving regulatory landscape.
The Maritime Reporting Model (MRM), developed by BIMCO and partners, can reduce the administrative workload for ship masters by 80% in connection with port calls.
The IMO’s Marine Environmental Protection Committee at its 81st Session adopted amendments to mandatory instruments and approved a series of measures in order to protect the marine environment- from emission control areas in Canada and Norway through to electronic ballast water record books. A summary of the approvals and adoptions is provided here.
The third edition of the industry cyber risk management guidelines, Guidelines on Cyber Security Onboard Ships, addresses the requirement to incorporate cyber risks in the ship’s safety management system (SMS). It also reflects a deeper experience with risk assessments of operational technology (OT) - such as navigational systems and engine controls - and provides more guidance for dealing with the cyber risks to the ship arising from parties in the supply chain.
Focus on underwater radiated noise from shipping has grown significantly over the past few years. Consequently, the International Maritime Organization (IMO) has decided to raise awareness of the subject by issuing updated non-mandatory guidelines with the aim of monitoring the impact and thus ascertaining the efficacy of various mitigation solutions.
Nick Fell of BW Group was officially elected Chairman of the Documentary Committee at BIMCO’s General Meeting on 20 May last year. When Fell took over, the industry was in many ways still confronted with the effects of the COVID-19 pandemic while, at the same time, the need for contractual solutions in key areas such as environmental compliance was growing. Below, Fell answers seven questions about his and the Committees work.
MEPC 81 addressed ballast water management for ships while operating in challenging water quality, and temporary storage of treated sewage and/or grey water in ballast water tanks. The recent meeting of the IMO’s Marine Environmental Protection Committee (81st Session) made significant progress on the application of the BWM Convention to ships operating in challenging water quality conditions, and on temporary storage of treated sewage and/or grey water in ballast water tanks – with guidance adopted on both issues.