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Published on 2024/08/08
Producers, sellers and buyers of commodities all live with price risk, where prices fluctuate between the time of sale and the time of delivery. Price fluctuation can be particularly dramatic w
Published on 2024/08/07
Mooring update: The adoption of amended SOLAS regulation II-1/3-8 (resolution MSC.474(102)), which entered into force on 1 January 2024, and the approval of the Revised guidance on shipbo
Published on 2024/08/06
Each year, PSC regimes identify a specific focus area to be checked during regular inspections. For the current year, the Paris and Tokyo MoUs agreed to run a CIC on the topic of crew wages and Seafar
Published on 2024/08/05
BIMCO's WINDSEACON project is making steady progress in developing a time charter party for supply of a vessel for the purpose of transportation and installation of offshore wind turbine gener
Published on 2024/08/01
Market strength remains predicated on Red Sea reroutings Supply/demand balance We have revised our assumption regarding when ships might return to
Published on 2024/07/31
WRECKSTAGE 2024 is a standard wreck removal and services agreement based on payment of a lumpsum in stages. The revised agreement introduces a Risk Allocation Procedure which allows parties to
Published on 2024/07/30
Port State Control Progress and performance; highlights of the Paris MoU 2023 ANNUAL REPORT 2023 More information:
Published on 2024/07/29
Amendments to the International Convention for the Safety of Life at Sea (SOLAS Convention) – mandatory reporting for containers lost at sea In May, the Maritime Safety Committee (M
Published on 2024/07/26
Despite efforts made in the past by the International Maritime Organization (IMO) to improve the safety of pilot transfer arrangements (PTA), and with good results, accidents, including tragic
Published on 2024/07/25
The BIMCO Documentary Committee has added to our existing library of ETS clauses by adopting three innovative ETS Clauses for Contracts of Affreightment (COAs). These clauses address Emission T