Dry cargo market report dated 11 October 2024
MEMBER CONTENT – login using the orange button at the top of the page to view.
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Based on a request from the US Environmental Protection Agency (EPA), BIMCO is doing a so-called “Bad Bunker Survey”. We ask members for their experiences and data with bad bunkers in order to collect data for EPA to potentially be used as evidence in cases against bad bunker suppliers.
BIMCO makes a continuous effort to provide information on the most recent restrictions.
BIMCO has started work to develop a new Law & Arbitration Clause. The new clause will provide a short and “one size fits all” approach to dispute resolution, while adding Hong Kong as the fourth named arbitration venue. The addition of Hong Kong reflects its increased popularity as a centre for disp... Please follow the link to continue reading.
Subclause (a) determines the governing law; the place of arbitration; the applicable arbitration legislation; and the seat of arbitration (where the arbitration takes place in a jurisdiction other than the agreed place of arbitration). It is an “exclusive” arbitration agreement. This is emphasised b... Please follow the link to continue reading.
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Tony Paulson is West’s Head of Asia and Corporate Director, based in Singapore. He joined the West of England in 1990 and having worked in the Claims Department dealing with a wide variety of Members, he was appointed a Director in 2005. Tony’s responsibilities include full oversight of all sanction... Please follow the link to continue reading.
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BIMCO has submitted a paper to the IMO advocating for a comprehensive strategy on maritime digitalisation, aiming to exploit its potential for efficiency, safety, and sustainability in ship design, operation, and port activities.