Container spot rates drop 43% in Q3, worst development in non-COVID year
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On 24 October, at a meeting in Shanghai, BIMCO started work to develop a new standard term sheet for ship sale and leaseback transactions.
BIMCO has hosted a panel session on arbitration in Shanghai to discuss current issues such as the future of arbitration centres, the impact of BREXIT, the impact from the emergence of China as a leading shipping nation and much more.
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Shirley is of counsel with Stephenson Harwood's Shanghai Office. She specialises in shipping, international trade, insurance and international commercial litigation and has been practising in China for over 15 years. Her clients include many domestic and international shipowners, operators, chartere... Please follow the link to continue reading.
To create a truly global organisation, BIMCO is opening an office in the US. After consultation with key members and the industry, we have chosen to locate it in Houston.
Bunker fuel traders in China say the use of mass flow meters at local ports is increasing amid growing expectations their usage will become mandatory in the near future.
BIMCO will begin work on two gas-related contracts in early 2019, an LNG (Liquid Natural Gas) Bunker Purchase Contract and a LPG (Liquid Petroleum Gas) voyage charter party.
China changes its ECA timeline again
Transportation of highly toxic chemicals in the Yangtze River Basin is prohibited effective 1st March 2021 as per Yangtze River Protection Law.