As thousands of commercial ships traverse the open sea each day, they are a source of underwater radiated noise. Low-frequency ambient noise in oceans can have a devastating impact on fish and whale populations. At meetings at the International Maritime Organization (IMO) starting on 17 January, the... Please follow the link to continue reading.
The development of a new BIMCO Force Majeure Clause is progressing and continued last week as the subcommittee met to draft a bolt-on provision relating to situations when cargo has been loaded onto the ship and a party declares force majeure.
The Maritime Anti-Corruption Network (MACN) has launched a survey to better understand some of the corruption risks faced by seafarers to make MACN able to better focus its future efforts.
The California State Lands Commission (Commission) has adopted ballast water discharge standards meaning that ships arriving into the US will be one step closer to having to follow just one set of standards as opposed to different state-specific regulations. BIMCO welcomes the decision, as having st... Please follow the link to continue reading.
Violating sanctions imposed by the EU, UK, US and other countries against Russia and Belarus may cause severe enforcement actions and is potentially very damaging to your business. And with banks now being sanctioned, the situation is even more complex. Everybody wants to comply with the sanction re... Please follow the link to continue reading.
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any time soon. This may have sustained spill-over im... Please follow the link to continue reading.
Standardising and harmonising electronic ship to shore communication for reporting purposes was high on the agenda at the International Maritime Organization’s (IMO) virtual Facilitation Committee (FAL) meeting held from 1-7 June 2021 (FAL 45).
BIMCO members are invited to provide their views on the new standard contract of affreightment - GENCOA.
An increasing number of ships that use alternative fuels are entering the market in response to the industry’s drive towards reducing CO2 emissions. The most common alternative fuel at present is Liquefied Natural Gas (LNG) which is used in an increasing number of dual-fuelled ships in operation.
An interview of Panos Zachariadis, chairperson of BIMCO's Marine Environment Committee (MEC).
