Baltic and International Maritime Council (BIMCO)

IBIA and BIMCO launch decarbonization cooperation

International Bunker Industry Association (IBIA) and Baltic and International Maritime Council (BIMCO) have entered into a Memorandum of Understanding (MoU) to jointly tackle challenges and opportunities in the bunker, marine energy, and maritime sectors, aiming to support the shipping industry decarbonization efforts.

“This partnership between IBIA and BIMCO marks an important step towards addressing the pressing challenge of decarbonisation in the shipping industry. The collaboration...

https://container-news.com/ibia-and-bimco-launch-decarbonization-cooperation/

Major shipping associations express concern about Houthi rebels’ first fatal vessel attack

Several associations of the shipping industry published a joint statement to express their deep concern over the tragic loss of life and injuries suffered by the crew of True Confidence in the first fatal ship attack by Houthis in the Red Sea.

“The loss of life and injuries to civilian seafarers is completely unacceptable,” said the joint statement. “Merchant vessels crewed by civilian seafarers transporting global trade have a right to innocent passage through the region without the threat of...

https://container-news.com/major-shipping-associations-express-concern-about-houthi-rebels-first-fatal-ship-attack/

BIMCO publishes ship financing forms for uninterrupted use of vessels

BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility.

The QELs will be provided by the lender to the charterer to ensure that the charterer, who does not have a contractual relationship with the lender but only with the owner, can continue to “quietly enjoy” the ship in case of the owner’s default.

In...

https://container-news.com/bimco-publishes-ship-financing-forms-for-uninterrupted-use-of-vessels/

BIMCO urges IMO to address contradictions in ship recycling conventions

BIMCO, one of the world’s largest international shipping associations, in collaboration with Bangladesh, India, Norway, Pakistan, and the International Chamber of Shipping (ICS), has submitted a proposal for the 81st Marine Environment Protection Committee (MEPC) meeting scheduled for 18-22 March 2024.

The proposal underscores the critical need to address potential conflicts between the requirements of the Hong Kong Convention and the Basel Convention, which could pose significant challenges for...

https://container-news.com/bimco-urges-imo-to-address-contradictions-in-ship-recycling-conventions/

BIMCO appoints new deputy secretary general

Stinne Taiger Ivø, who currently serves as BIMCO’s director of Contracts and Support, is set to assume the role of deputy secretary general at BIMCO starting 1 January 2024.

Ivø, who joined BIMCO in early 2022 to lead the Contracts & Support department, oversees the development of contracts and clauses for the shipping industry in collaboration with industry representatives.

Additionally, the Support & Advice department, under her guidance, addresses members’ queries related to charter parties...

https://container-news.com/bimco-appoints-new-deputy-secretary-general/

BIMCO calls on vessel owners as Bangladesh and Liberia ratify HK Convention

The International Maritime Organization (IMO), Bangladesh, and Liberia have announced the ratification of the Hong Kong Convention by both nations.

BIMCO believes the ratification marks the beginning of a new era for the ship recycling industry. During the two-year interim period, ahead of the entry in force, BIMCO is calling on shipowners to choose globally compliant yards for the benefit of the industry’s workers and the environment.

The ratification comes at a vital moment for the primary...

https://container-news.com/bimco-calls-on-vessel-owners-as-bangladesh-and-liberia-ratify-hk-convention/

Share of ships with scrubbers seen rising despite 24% fall in fittings in 2022

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, examines the slowing rate of scrubber installations in 2022 and why a new wave of installations is expected in coming years.

“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and tanker ships have a scrubber installed. Despite the slowing rate of installations, the share of ships with a scrubber is set to increase in coming years as 17% of...

https://container-news.com/share-of-ships-with-scrubbers-seen-rising-despite-24-fall-in-fittings-in-2022/

BIMCO raises awareness for removal of single-use plastic bottles from ships

Baltic and International Maritime Council (BIMCO) has launched a campaign to raise awareness and support the removal of single-use plastic bottles from ships.

The company has partnered with Ocean Bottle on co-branded reusable bottles which symbolise the change needed within the shipping industry.

Ocean Bottle creates products made partly from stainless steel and partly from recycled plastic found in the ocean.

The purpose is to ships moving from single-use plastic bottles to sustainable...

https://container-news.com/bimco-raises-awareness-for-removal-of-single-use-plastic-bottles-from-ships/

BIMCO selects Maersk veteran as its new Chief Shipping Analyst

Baltic and International Maritime Council (BIMCO), the world’s largest direct-membership organisation for shipowners, charterers, shipbrokers and agents, has appointed Niels Rasmussen as its Chief Shipping Analyst who will take over his duties on 3 January 2022.

Most recently, Rasmussen was Global Head of Research at Maersk Broker for six years, focusing on the main shipping segments such as container, dry bulk and tanker.

Niels Rasmussen, BIMCO’s new Chief Shipping Analyst

Prior to that,...

https://container-news.com/bimco-selects-maersk-veteran-as-its-new-chief-shipping-analyst/

71% of 2021 newbuild boxships to be scrubber-fitted

Baltic and International Maritime Council (BIMCO) reported that 71% of the year-to-date ordered container ships, and particularly 117 out of 168 with a capacity of at least 11,800TEU, will be delivered with a scrubber fitted directly from the shipyard.

Moreover, a total of 29 units will be scrubber-fitted but also LNG-ready, whereas 34 units will be delivered as ‘LNG-capable’, meaning that “they will run on gas from day one,” according to BIMCO.

A total of 17 ships appears to be without any such...

https://container-news.com/71-of-2021-newbuild-boxships-to-be-scrubber-fitted/

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