Tag: BIMCO

The Global Shippers' Forum has joined forces to launch the BIMCO/GSF SERVICECON container shipping contract

BIMCO brings members' attention to the Maritime Anti-Corruption Network (MACN)

Since February, freight rates on the three key container shipping lanes has left the erratic up and down movements

The Chinese economy grew by 7.0% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China

Developing standards and guidelines to address the cyber security issues It has been announced that the Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO are developing standards and guidelines to address the major cyber security issues faced by the shipping industry.Protection against malicious attacks on computer based systems onboard ships is now hitting the top of the agenda for shipping organisations in all corners of the world. The International Maritime Organization (IMO) has already heard calls for action and the insurance industry repeatedly lists the issue as one for concern. The Round Table has made a submission to the IMO on this vital issue outlining the steps taken by the industry to address any vulnerabilities.The vulnerabilities can be numerous and the threats imminent - the question of protection is a complex set of issues and not just about operating a firewall on a ship or installing virus scanning software on the onboard computers. All of the major systems on a modern ship are controlled and monitored by software; these include the main engine, steering and navigation systems, and the ballast water and cargo handling equipment.To address this problem and help the industry to protect itself ...

BIMCO issues preliminary results of new seafarer survey A new survey being carried out as part of the BIMCO/ICS Manpower Report 2015 is directly engaging seafarers in order to understand their views on life at sea and outlook for the industry's manpower in the years ahead. Preliminary results of the new survey indicate that the majority of respondents are content with life at sea.The BIMCO/ICS Manpower Report, which has been published every five years since 1990, has traditionally been based on two main quantitative data sources from which the current seafarer supply and demand situation is estimated: a questionnaire completed by shipping companies and a questionnaire completed by national maritime administrations. In addition to those sources, the new Manpower Report will also solicit the opinions from a wider number of maritime professionals with knowledge of the sharp end' of the manpower supply situation, including seafarers, lecturers at maritime education and training (MET) institutions, manning agents, maritime unions, and port welfare workers. The survey of seafarers is the first of the targeted surveys for this year's report. More than 500 seafarers have already responded to the survey, representing over 40 nationalities.Some of the other preliminary findings include:Happy ships', timely wage payments ...

BIMCO analysis on the critical issues of the shipping industy

BIMCO warns on Nigeria closure of all land and sea borders

BIMCO members have reported that they have found that paraffin has formed in (LSMGO) due to the low temperatures experienced in northern European waters during the winter. The reports state that DMA 0.1%, which was analysed to be within the specifications for ISO 8217, DMA, has been forming large amounts of paraffin in the marine gas oil (MGO) tanks which has caused problems. The cloud point for this MGO was 32 degrees celsius, which is the temperature where paraffin starts to form, but the cloud point is not part of the ISO 8217 specification. Operators should bear this in mind when stemming LSMGO in northern Europe and they are advised to find out the cloud point as well as the pour point prior to the bunkering operation. They should also think about whether it is necessary to stem DMX grade if they are trading in the Baltic or other areas where traditionally there are low sea temperatures. This would enable any operator to obtain the cloud point beforehand, since it is part of the DMX specification. Terminology ISO 8217 is the international organisation for standardisation specifications for bunkering DMA 0.1% and DMX are industry marine gas oil fuel brands Source: ...

At the recent BIMCO Executive Committee meeting in Singapore a new BIMCO position paper on anti-corruption