BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of the current crisis the secto... Please follow the link to continue reading.
The International Maritime Organization (IMO) has published its 4th Greenhouse Gas (GHG) study, and BIMCO finds the results very encouraging, as data confirms the industry can reach the 50% lower IMO emissions target in 2050.
It is with great sadness that we can inform our members that Carsten Melchiors has passed away after a period of illness.
A fresh annual report from the International Maritime Bureau shows that attacks in West Africa helped push piracy numbers up in 2018. In terms of military and law enforcement, an international operation is not complicated, so what is needed above all is the will to act.
The practice of charterers using oil tankers for floating storage is certainly not a new concept. What’s different with the current demand for storage is the huge number of ships being time chartered for floating storage purposes due to the collapse in oil prices, partly as a result of COVID-19. The... Please follow the link to continue reading.
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
Leaders of the Round Table of International Shipping Associations - BIMCO, INTERCARGO, International Chamber of Shipping and INTERTANKO - met virtually last week to debate key issues facing the maritime industry today. At the meeting, the associations affirmed the industry’s commitment to universal ... Please follow the link to continue reading.
The shipping industry has welcomed the growing momentum for a USD 5 billion R&D Fund for shipping, but is calling on governments to act in line with their climate commitments and not waste more time in moving forward with decisive action to support the decarbonisation of the industry.
In an effort to understand the situation that members are facing, BIMCO is launching a survey regarding the European Union’s Ship Recycling Regulations’ (EUSRR) requirement of Inventory of Hazardous Materials (IHM) that most cargo ships must comply with from 31 December 2020.
