The clause is being drafted by a small team led by Inga Froysa of Klaveness, Oslo. Other companies involved include Navig8, the UK P&I Club and HFW, and the project is due to be completed in May 2019.
In view of the forthcoming significant changes to ship design that is now being envisaged, the Tripartite Forum has recognised the opportunity to promote ship design being more focused around the ship’s crew.
In response to growing concerns over the impact of hull biofouling on the marine environment, BIMCO and a group of industry partners have set out to create an internationally recognised standard.
The Singapore event was the first in a series of Advisory Panels for Asia members which will be held every year.
According to the survey, in which more than 350 individuals responded, more than a fifth reported that they had been the victim of an attack.
Crude oil tanker earnings have since records began, never been this bad. Earnings for VLCCs in the first half of 2018 were as low as USD 6,001 per day on average.
On electronic exchange of information from ships to the relevant onshore parties when approaching a port, will require public authorities to have systems in place to assist ship clearance processes.
At the 42nd session of the IMO’s Facilitation Committee in London on June 5-8th, BIMCO has backed a request made by MACN for the IMO and member States to fully recognise the scale of maritime corruption and to take a stand against this type of crime.
Global Shipowners’ Meeting reaffirms commitment to the Hong Kong Convention and the need for a global solution for environmentally sustainable ship recycling.
The trader representatives who helped draft the contract together account for 25% of the total bunker volume sold globally and the BIMCO Bunker Terms 2018 also has the support of IBIA – the International Bunker Industry Association.