The new data overview helped them explain costs compared to fleets under other flags, and it turned out that the more junior second officers were more critical to their safety than they thought, whereas the oil majors have a more strict foc

Malaysia has prohibited the use of open-loop scrubbers by ships plying Malaysian waters, as Southeast Asias third-largest economy joins the growing number of nations adopting new industry guidelines on reducing sea pollution. New regulation

Sren Toft joining Mediterranean Shipping Co. as CEO would be the biggest change at a company that has been private and family-run since its founding 50 years ago. The former Maersk COO, who left the worlds largest container line Nov. 11, br

The IMO, which met in London this week to discuss how the shipping industry can continue to decarbonise, has agreed that a goal-setting approach is the best way to reduce carbon emissions in the short-term. Full details of the approach will

Members whose ships call at ports in India or pass through Indian territorial waters should note that the Ministry of Shipping in India has imposed a ban on the use and disposal of single-use plastics. The ban is already enforceable for cer

BIMCO and the International Chamber of Shipping (ICS) have published a new cyber security workbook meant to serve as a guide for the master and officers on board ships and thereby help them prepare for a potential cyber incident. The digita

Container ship fires are a growing concern. Fires, originating from dangerous goods in containers, whether wrongfully declared or not, occur with alarming frequency. Gards cargo claims team determined that on average there has been a fire o

Placing maritime activity at the heart of national development plans in Africa will help deliver the Sustainable Development Goals, which is a key strategic direction for IMO. A recent International Maritime Organization (IMO) P training ac

On 24 October, at a meeting in Shanghai, BIMCO started work to develop a new standard term sheet for ship sale and leaseback transactions. The new standard will complement the existing BIMCO term sheets for bilateral and syndicated ship fin

BIMCO has submitted two proposals to the International Maritime Organization (IMO) to pave the way for easy exchange of port logistic operational data and allow for real-time updates (notifications) between ship and shore. Over the past yea

A global network of maritime technology cooperation centres has completed an impressive array of pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping. Five r

The Baltic Exchanges main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due to lower demand for larger capesize and panamax vessels. The Baltic index, which r

The Conference (21-23 October) brings together ministers and high-level officials from more than 100 countries to promote ratification of the Cape Town Agreement, a key international treaty for safety of fishing vessels. Entry into force of

An Iranian oil tanker stricken by explosions was likely hit by two rockets in a terrorist act as it sailed through the Red Sea, Tehran claims The blasts sparked an oil spill and fire on board the heavily-damaged ship belonging to the Nation

BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore and Rotterdam