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Strait of Hormuz security, decarbonisation among key issues discussed by BIMCO committees

International Shipping
LONDON: The security situation in the Strait of Hormuz and the Black and Red Seas, as well as environmental topics, were among the key...

An urgent appeal to help shape the future IMO Biofouling Convention: BIMCO

International Shipping
LONDON: IMO member states are negotiating what will become the first legally binding global Convention on biofouling management. The decisions being made now could...

Global Shipping Business Network appoints BIMCO to its board

Business
LONDON: Global Shipping Business Network (GSBN) is a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade. The appointment of BIMCO builds on a...

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

Green Shipping
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

International Shipping
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

Export - Import
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

Association
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

Foreign Ports
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

International Shipping
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

International Shipping
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...
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