Tag: BIMCO
IBIA and BIMCO team up to collaborate on fuel and maritime challenges
IBIA, the International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonisation efforts. The parties have agreed to leverage their respective expertise and resources to develop innovative solutions and…
HFW Continues To Support BIMCO On Shipping Industry Decarbonisation
Global, sector-focused law firm HFW has continued to support BIMCO in helping the shipping industry navigate complex new carbon intensity (CII) regulations and work towards decarbonisation. The International Convention for the Prevention of Pollution from Ships (MARPOL) introduced new regulations on 1 January 2023 that require ships to reduce their carbon intensity on an ongoing…
BIMCO adopts new CII clause for Voyage Charter Parties
Overview The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union (EU) and an increase in the urgency to decarbonise. To support the industry, BIMCO has developed a new CII Clause for Voyage Charter Parties. The clause was adopted by BIMCO’s Documentary Committee on 11…
BIMCO Shipping Number of The Week – Record high ship deliveries boost container fleet capacity by 4.3%
In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at deliveries of new container ships reaching a new record high during the first seven months of the year. The increase in fleet capacity comes at a time when current trade growth in many key regions is declining and…