Opening an office in Athens is an important step to make BIMCO even more member-focused, says BIMCO President, Anastasios Papagiannopoulos, Principal of Common Progress. There is a lot of regulation coming and being a BIMCO member will help

Nine months ahead of the introduction of the new IMO 2020 sulphur cap for marine fuel, the total number of scrubber orders for containerships has swelled to 540 units. Additional orders have been unveiled since Alphaliners last survey in No

The market for Initial public offerings (IPOs) across the global shipping industry has remained understandably muted in recent years but secondary offerings continue to be an important funding mechanism, according to a recent report from Dr

BIMCO, the worlds largest international shipping association, is developing various clauses and contracts to help shipowners prepare for the International Maritime Organizations global sulfur limit rule for marine fuels, starting January 1,

IMOs treaty for safe and environmentally sound ship recycling has received another boost. Japan has become the 10th country to become a Party to the Hong Kong Convention. The Convention covers the design, construction, operation and mainten

Carriers should ensure that they implement solid and diligent record-keeping routines of what is declared and known about the specific cargo to be carried and of each step taken to care for the cargo. This includes evidence of market practi

Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping sulfur content in shipping fuel at 0.5% kicks in in 2020, a top-level

The International Chamber of Shipping (ICS) has published the latest update of its Flag State Performance Table, which can be downloaded free of charge via the ICS website. The annual update, which is also supported by the Asian Shipowners

The global chasm in crude oil quality supply shows no signs of narrowing, prompting refiners to lighten their slate and leading to a market awash with gasoline , naphtha and LPG. New restrictions next year on the amount of sulfur in global

As the clock winds down towards the IMO 2020 deadline you dont need Drewry to tell you that it is going to be a pivotal year for the carrier industry. Failure to recover more of the fuel cost from customers than in the past (estimated to be

The Panama Canal Authority and A.P. Moller Maersk A/S are the latest entities to join the IMO-supported Global Industry Alliance to Support Low Carbon Shipping (GIA). The GIA now has 18 members, including leading shipowners and operators, c

In its Executive and Technical Committee meetings in Hong Kong on 4 and 5 March 2019, INTERCARGO highlighted the importance of investigating incidents and the subsequent publication of casualty investigation reports in a timely manner, in o

USCG is aware of the challenges owners and operators face in opting and installing a BWMS in order to keep up with the USCG regulations. Therefore, after considering the interpretation of the next scheduled drydocking with regard to 33 CFR

According to Drewry, Chinas developing increasing demand for chemical shipping is due to strengthen coastal freight rates. The demand is being boosted by the fast growth of the Chinese base chemical production capacity. Mainly, about 55% of

Royal Dutch Shell has struck a deal with Dutch tank terminal firm HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, two trading sources told Reuters. A new ca