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Explanatory notes

Ship Sales Further Trading Clause Drafting team The Clause is the result of a collaborative and consensual process between owners, shipbrokers, P&I clubs, and legal experts. BIMCO is grateful to the drafting team for their considerable time, effort and commitment in producing the Clause: Mr Francis ... Please follow the link to continue reading.

Explanatory notes

BIMCO has recently conducted a review of the various Liberty and Deviation clauses that appear in BIMCO charter parties to update the wording to reflect current commercial and P&I Club practice. As it currently stands the English law position on deviation is at odds with commercial practice and the ... Please follow the link to continue reading.

BIMCO launches new analysis on the wider impact of the dry bulk crisis

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.

Leading experts at BIMCO seminar say maritime crime increasing

Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity. This was the consensus at BIMCO’s first ever Maritime Security Seminar in Copenhagen yesterday.

EU Naval Force Somalia - Operation Atalanta - Press Release

At a breakfast meeting earlier today with senior shipping industry representatives, the EU Naval Force Operation Commander, Major General Martin Smith MBE, stated that whilst Somali-based piracy in the Indian Ocean and Gulf of Aden is suppressed, there is no room for complacency regarding the ongoin... Please follow the link to continue reading.