SMART4SEA Conference & Awards

31 Jan 2017
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SMART4SEA Conference & Awards

31 Jan 2017
Learn More

Tag: BIMCO

BIMCO: The Shipping market in 2016 and looking forward

BIMCO

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. Mr. Peter Sand mentions that 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

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BIMCO to release Global Best Management Practice in 2017

ONI

Philip Tinsley, Maritime Security Manager, BIMCO, revealed to SAFETY4SEA plans for 2017 with the aim to enhance maritime security. Mr Tinsley said that BIMCO will continue to develop cyber security awareness throughout the industry by updating its cyber-related guidelines. Also, the release of a Global Best Management Practice document has been scheduled in 2017 as a complimentary on BMP4.

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Boxship demolition exceeds 500,000 TEU, BIMCO says

bimco

Throughout 2016 BIMCO focused on the level of demolition in the container shipping industry and the high level of demolition activity has continued its pace and exceeded our expectations. Specifically, containership demolition reach all time high and provides a positive surprise for the struggling container shipping industry.

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BIMCO updates GUARDCON guidance notes

guardcon

BIMCO has been made aware that some PMSCs are using weapons “rented” or “borrowed” from other security companies. Therefore, BIMCO has updated the guidance on Clause 10 of GUARDCON to clarify the responsibilities of owners and contractors in respect of permits and licences with the aim to reinforce importance of validating firearms end user certificates.

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Demolition activity grows, BIMCO says

Global demolition activity rose in the first nine months of 2016 in comparison to the same period of 2015, by 16%, accrording to BIMCO. However, diminishing demolition activity from March through July was bad for the recovery of the market.

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BIMCO analyses the wider impact of dry bulk crisis

BIMCO

BIMCO has published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. It models the wider impact of the crisis – the effect of which reaches beyond dry bulk to other major sectors of shipping such as tankers and containers

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