BIMCO and INTERTANKO have jointly published QAs addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The QAs highlight the key charter party clauses and concepts whic

In the wake of recent costly cyber security incidents involving large shipping companies, cyber security has become a major focus in the maritime industry. BIMCO has taken a lead position on cyber security issues through its active role at

The International Maritime Organization (IMO) has approved and adopted a comprehensive set of guidance and guidelines to support the consistent implementation of the lower 0.50% limit on sulphur in ships fuel oil, which will enter into effe

The Marine Environmental Protection Committee (MEPC) agreed to task its sub-committee on Pollution Prevention and Response (PPR) to look into the discharge from open-looped scrubbers, in particular the environmental impact of the washwater.

The International Chamber of Shipping (ICS) which represents the worlds national shipowner associations remains confident that shipping will improve its carbon efficiency by at least 40% by 2030 compared to 2008, in line with the UN Interna

The Board of Directors of the parent company, Gard P. I. (Bermuda) Ltd. (the Association), met on 11 and 13 May 2019 in Bermuda and is pleased to report that as at 20 February 2019, and on a consolidated basis, the financial position of the

A new survey from the International Chamber of Shipping (ICS) and the European Community Shipowners Associations (ECSA) reveals that not only is internet access for seafarers for personal use on board ships more widespread and available tha

Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, was elected President of BIMCO the worlds largest shipping association at its General Meeting in Athens on Tuesday 14 May. It is a great privilege for me to chair the BIMCO Bo

Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) is meeting i

On Thursday, May 9, 2019, Total Lubmarine brought its Total Global Sulfur Cap Forum to New York City, a meeting including of Total Lubmarine business and technical executives and shipowners. The event, held aboard the historic Aircraft Carr

BIMCO has signed a contract with Elena Tassioula as manager of BIMCOs new office in Athens, Greece. Elena will be engaging BIMCOs current members in Athens and work to grow the membership in Greece. Im very pleased that Elena will be joinin

The IMO 2020 regulation on shipping fuel oil is set to increase iron ore freight rates, consultancy Wood Mackenzie said. The introduction of a lower maximum content for sulfur in fuel oil for shipping may lead to higher shipping rates betwe

The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May, and any decision on output will be made only after reviewing prices, Kuwaits oil minist

The global sulphur cap, a MARPOL Annex VI requirement, enters into force on 1 January 2020, less than nine months away.In this short article we provide recommendations for managing the transition where the strategy is to use conventional co

North PI Club has updated its guidance on the 2020 Sulphur Cap for Members, helping them prepare for the big switch to compliance on 1 January 2020. Following on from a comprehensive programme of events, training sessions and publications w