BIMCO Proposes Slow-Steaming Alternative to IMO

By Mike Wackett (The Loadstar) - Shipping association Bimco has submitted a new proposal on regulating ships’ power to the International Maritime Organization (IMO) working group. The move is a bid to stimulate debate on reducing greenhouse gas emissions (GHG) from shipping . The proposal to improve the operational energy efficiency of vessels will be introduced at the … [Read more...]

BIMCO Calls for Naval Action to Combat Piracy in Gulf of Guinea

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 Bureau shows that attacks in West Africa increased in 2018. According to the bureau’s report, there were 201 incidents reported to the bureau last year (including six hijackings) - all of which happened in the Gulf of … [Read more...]

BIMCO Calls on EU, China and U.S. to Support Counter-Piracy Ops in Gulf of Guinea

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 region, international shipping association BIMCO said Wednesday. Around 40 ships have been attacked in the Gulf of Guinea in the past 12 months. Most recently, six seafarers were kidnapped from the MSC Mandy, which was … [Read more...]

BIMCO Publishes IMO 2020 Sulphur Clauses

International shipping association BIMCO has published two sulphur content-related bunker clauses dealing with general compliance and the transitional period for the International Maritime Organization’s 2020 global sulphur limit in marine fuel. The two clauses are BIMCO 2020 Marine Sulphur Content Clause for Time Charter Parties and BIMCO 2020 Fuel Transition Clause for … [Read more...]

Warm Welcome for BIMCO Cyber Security Clause for Shipping Contracts

By Mike Wackett (The Loadstar) - BIMCO, the world’s largest shipping association, is finalising a cyber security clause for charter party agreements and other contracts. The move follows a spate of high-profile cyber attacks on Maersk, Cosco and shipbroker Clarksons. The BIMCO cyber security clause will require parties to the contract to have “plans and procedures in … [Read more...]