Best Maritime Practices (BMP) for maritime security have been around and evolving since at least the time that Somali pirate hijackings were in the headlines. Now, with new threats continuing to evolve,
While Donald Trump’s talk of taking back the Panama Canal has been keeping Secretary of State Marco Rubio busy, tonnage through the waterway has recently been falling, says BIMCO. “Between September 2024
Video has emerged showing the Houthi attack on the MV Tutor with an explosive laden drone boat. That attack eventually led to the sinking of the vessel, which has now been confirmed
We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,
BIMCO has established a subcommittee to work on WINDSEACON, a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind
Yesterday saw growing international concern over the situation in the Red Sea as Houthi attacks on merchant ships caused more vessels to avoid the area and sent ocean freight rates soaring. While
The world’s largest shipping association, Copenhagen-headquartered BIMCO, has appointed its director of contracts & support, Stinne Taiger Ivø, as deputy secretary general, effective January 1, 2024. She succeeds Søren Larsen, who will
Ahead of a widely expected announcement from U. S. Secretary of Defense Lloyd J. Austin the Norwegian Government said today that the U.S. has taken the initiative to strengthen international efforts to
Even as containership operators across the board report softening demand, new tonnage continues to enter the market. BIMCO’s chief shipping analyst, Niels Rasmussen, reports that new containership deliveries in the first seven
At its general meeting in Hong Kong today, BIMCO, the world’s largest shipping association, elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, as its president. Moving into the role
