Dry cargo market report
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Organisations representing the global shipping and oil industry have announced that the size of the ‘High Risk Area’ for piracy in the Indian Ocean has been reduced and issued new advice to merchant ship operators.
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As a result of the COVID-19 pandemic, the International Maritime Organization (IMO) has postponed all meetings since March 2020. BIMCO is adapting to the new schedule, and this article provides an overview of the IMO-related work that BIMCO members need to know about, despite the pandemic.