Tag: BIMCO

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, examines the unusual drop in Chinese export container rates which normally enjoy a spike in the weeks leading up to Chinese New Year.

The BIMCO CII clause has been developed to help address the commercial complexities of the CII regulation entering into force on 1 January 2023. The regulation was adopted at the IMO despite attempts by the industry to point out the potential pitfalls of the CII formula.

With the requirements for CII certification coming into effect on 1 January 2023, three Reed Smith shipping lawyers explain the BIMCO CII Clause for Time Charters.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, takes stock of how the three main shipping segments have performed during 2022 and a brief look at what is in store for 2023.

On 13 December, BIMCO kicked off the BIMCO Tanker Safety Network, with the aim to bring together tanker owners and operators for relevant and timely discussions about industry safety.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines Australia’s wheat export which could account for 13.7% of global wheat exports this marketing year, benefitting panamax, supramax, and handysize ships in Asia. 

IBIA and BIMCO have shared the results of their survey on bunker licensing and mass flow metering systems in a document submitted to MEPC 79.

Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013) clauses has begun.

BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the recent weakening of container volumes and what to expect going forward as the fleet grows and port congestions eases.

On 24 November 2022, the China Maritime Safety Administration (MSA) of the Ministry of Transportation issued a new regulation on Energy Consumption Data and Carbon Intensity of Ships, which applies to both Chinese flagged ships and foreign ships of 400 gross tonnage and above for inbound/outbound Chinese ports.