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Carbon cost “reimbursement right” in shipping’s EU ETS is largely unenforceable, new study finds

Research is a warning to owners, managers and charterers that the statutory right to pass on carbon costs cannot be relied upon — commercial...

BIMCO comments regarding a reported Peace Deal between the US and Iran

LONDON: BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at...

Strait of Hormuz reopening won’t end shipping risks

LONDON: A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high...

Global shipping industry associations condemn recent attacks on seafarers

LONDON: BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO unanimously condemns recent attacks on seafarers and commercial shipping in and around the...

Panama Canal congestion hits yearly high, prompting Jones Act waivers

PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic...

BIMCO: Ship transits via the Panama Canal have increased 8% y/y

LONDON : According to Filipe Gouveia, so far this year, ship transits via the Panama Canal have increased 8% y/y to a daily average...

BIMCO and ICS welcome Beijing Convention coming into force

LONDON: The Convention, officially the United Nations Convention on the International Effects of Judicial Sale of Ships, entered into force on 17 February. The Convention...

Strait of Hormuz traffic slows to a trickle amid US-Iran tensions, only five ships transit in 24 hours

LONDON: Only five ships, including one Iranian oil products tanker, have passed through the Strait of Hormuz in the past 24 hours, Friday shipping...

Indian Delegation deepens engagement with BIMCO on Sustainable Ship Recycling Framework during Singapore Maritime Week 2026

SINGAPORE: In a significant step towards strengthening global maritime cooperation, the Indian delegation engaged in high-level discussions with the Baltic and International Maritime Council...

BIMCO INDIA FORUM in Ahmedabad Sees Strong Industry Participation and Engaging Dialogue

AHMEDABAD: The BIMCO India Forum, hosted by BIMCO at the Grand Mercure Ahmedabad GIFT City, concluded on a highly interactive and insightful note, bringing...

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