bimco

Contracting of product tanker newbuilds has hit a 10-year high this year, but recycling of older ships and the impact of decarbonization regulations are likely

The war and Ukraine and EU’s ban on Russian oil products is driving product tanker rates higher, contributing to a surge in newbuild orders. The product

The global maritime industry is set to witness an extraordinary surge in ship recycling activities over the course of the next decade, with more than 15,000

As the COVID-19 pandemic recedes, global shipping is experiencing a shift in operations. According to the world’s largest shipping association, BIMCO,

Capesize second-hand ship prices experienced a significant surge in March due to China’s economic recovery, according to a new report from the Baltic and

By Ira Breskin – Failure of a benchmark ship lease to address the environmental and financial impact of charterers’ operational decisions could

By Ira Breskin – BIMCO, which provides most standard ship charter parties or leasing contracts, recently drafted a clause that makes charterers

by John Konrad (gCaptain) A dwindling oil tanker fleet could deepen the global energy crisis over the next three years as energy companies try to increase

The Government of Nigeria and a coalition of global shipping industry orgnizations have launched a new strategy to end the scourge of piracy, armed robbery,

Discussions about charter parties can be fairly dry…unless the subject is tanker chartering. The Society of Maritime Arbitrators (SMA), based in New York,

With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets

By Alex Longley (Bloomberg) The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global

By Damian Shepherd (Bloomberg) — Some of the world’s largest shipping organizations are drafting a plan to deal with the changing nature of piracy and

Sabrina Chao takes over as the 45th President of BIMCO, the world’s largest direct entry shipping organization with 1,900 members in 120 countries

A growing number of maritime companies have signed the Gulf of Guinea Declaration on Suppression of Piracy, representing a call to action to help end to

The sale of low sulphur fuel skyrocketed at the world’s largest bunkering hub of Singapore ahead of the IMO 2020 Sulphur Cap deadline, BIMCO said in its

By Mike Wackett (The Loadstar) – Shipping association Bimco has submitted a new proposal on regulating ships’ power to the International Maritime

Shipping association BIMCO is stepping up its calls for naval support to combat piracy in the Gulf of Guinea after an annual report the International Maritime

The EU, China, and the U.S. need to step up their support of counter-piracy operations in the Gulf of Guinea amid a scourge of attacks and kidnappings in the

International shipping association BIMCO has published two sulphur content-related bunker clauses dealing with general compliance and the transitional period