BIMCO Search Results

Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2025 and by 3.3% in 2026. The IMF reports a weaker outlook for China, Latin America and the European Union. Inflation has continued to abate since our last update and advanced economies have started easing interes... Please follow the link to continue reading.

Sanctions Clause for Time Charter Parties 2020

The sanctions landscape has grown increasingly complex since BIMCO published its Sanctions Clause for Time Charter Parties in 2010. International sanctions regimes are constantly changing with new restrictions being added and new persons and entities being listed. A violation of sanctions restrictio... Please follow the link to continue reading.

European Commission reacts to industry’s concern about IHM compliance

The European Commission (EC) has listened and reacted to industry’s concern about adhering to the upcoming deadline on 31 December 2020 for the European Union’s Ship Recycling Regulations (EUSRR) inventory of hazardous materials (IHM) owing to the disruption caused by the Covid-19 pandemic. The new ... Please follow the link to continue reading.

Sanctions

See an overview of BIMCO's content for members about sanctions. This is not a substitute for legal advice.