Dry cargo market report
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The Asian gypsy moth (AGM) flight season is just around the corner. BIMCO advises its members to pay attention to the possible consequences of calling at ports where the AGM is indigenous or established. ** ASIAN GYPSY MOTH IS NOW KNOWN AS FLIGHTED SPONGY MOTH COMPLEX ** Not all countries have intr... Please follow the link to continue reading.
Copenhagen, Brussels, London and Washington; November 20, 2020 – The UN International Maritime Organization (IMO) has given initial consideration to an innovative proposal from the global shipping industry to collectively provide USD 5 billion to accelerate R&D to support its decarbonisation.
BIMCO's Shipping Market Overview and Outlook Q1-23 - Tanker Market
Following the successful launch of BIMCO’s bilateral term sheet in 2017, SHIPTERM, it was agreed to develop a complementary form for syndicated loan transactions. The Documentary Committee approved this syndicated edition, named SHIPTERM S, in May 2018. BIMCO is grateful to the following subcommitte... Please follow the link to continue reading.
Terminal operators engaged in the loading and discharging of high density solid bulk cargoes are not always aware of the increased stress, torsional, bending and shear forces to which a vessel may b subjected during these operations, Very often speed of loading or discharging is the only considerati... Please follow the link to continue reading.
As adopted at the General Meeting in May 2023
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International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictions can have severe consequences and in the worst cases can lead to parties being listed as sanctioned parties. Therefore, carefully ... Please follow the link to continue reading.
This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping.