Governments controlling a major share of the world merchant fleet yesterday submitted a “moon shot” proposal to to the United Nations International Maritime Organization (IMO), calling for the establishment of a $5
BIMCO says that, according to its Shanghai office, seven Chinese governmental bodies, including the Ministry of Transportation (MOT), last week released a notice last week announced that 10 Chinese ports will resume
The world shipbuilding order book for dry bulk, container and tanker ships has reached its lowest point in 17 years. BIMCO says that COVID-19 has massively slowed contracting (down 50%), though deliveries
A global summit hosted by the U.K. Government on July 9, 2020, on the impact of COVID-19 on crew changes may have gotten some headlines, but so far doesn’t seem to have
The Institute of Marine Engineering, Science & Technology (IMarEST) has appointed Gwynne Lewis as its new chief executive. He will begin the role June 29 and succeeds David Loosley, who is to
BIMCO reports that, following several discussions with the Hong Kong Shipowners Association (HKSOA), the administration in Hong Kong is allowing conditional but unrestricted crew change in Hong Kong. According to information provided
Restrictions on making crew changes have proved to be one of the toughest changes facing international shipping in the wake of the COVID-19 pandemic. BIMCO, the world’s largest direct-membership organization for shipowners,
The International Maritime Organization (IMO) has sent a recommended framework of protocols for ensuring safe ship crew changes and travel during the COVID-19 pandemic to all IMO member-states, the UN and other
With the collapse in oil prices, partly as a result of COVID-19, huge numbers of tankers are being time chartered for floating storage purposes. As a result, BIMCO is receiving enquiries about
Law firm Montgomery McCracken reports that the Supreme Court of the United States issued a decision March 29, 2020, on a major issue of importance to ship owners and charterers – the