BIMCO

The FuelEU Maritime Regulation is coming up! The regulation is a part of the EU’s “Fit for 55” package intended to fight climate change by reducing greenhouse gas emissions in shipping. It aims to achieve a reduction in the EU’s net greenhouse gas emissions by at least 55% by 2030. It supplements the EU Emissions Trading System, CII ratings and other decarbonisation initiatives. BIMCO has established a dedicated subcommittee to examine the implications of the FuelEU Maritime Regulation (the FuelEU Maritime) and to develop clauses to address its introduction. The subcommittee's objective is to develop practical contractual solutions to assist the industry in facilitating compliance. The subcommittee is currently focusing on developing a clause for time charter parties and another clause for SHIPMAN, while also considering bunker supply terms and possible clauses related to the pooling mechanism introduced by the regulation. The FuelEU Maritime has the potential to significantly impact the shipping industry, even more so than the EU Emissions Trading System (ETS), and may require stakeholders to take measures to align their contractual frameworks even before the regulation comes into force in 2025. Do you want to be more prepared for FuelEU Maritime? Join our online FuelEU Maritime 180 training course either on the 9-10 or 18-19 December Online! The seminar offers a comprehensive analysis and insights into the contractual frameworks that influence compliance and risk management in the evolving regulatory landscape of FuelEU. In addition, the content of the FuelEU clauses will be discussed, which they will be designed to enable compliance and clarify responsibilities in time charter parties and bunker supply agreements. Read more and sign up here: https://lnkd.in/eyUYBp7v #BIMCO #FuelEUMaritime

The 2024/25 Brown Marmorated Stink Bug (BMSB) season is here.   This pest can pose a serious risk to agricultural industries if found in goods upon arrival.   New seasonal measures have been introduced, affecting targeted goods and specific risk countries. Key changes include China and Republic of Korea's addition to the heightened vessel surveillance list, the introduction of AusTreat for offshore treatment providers, and the removal of the Vessel Seasonal Pest Scheme.   Ensure your compliance with these measures to avoid any setbacks in territorial waters. For a detailed understanding of these changes and how they might affect your operations, read more here: https://lnkd.in/dTYQZQgs #BMSB #AvoidPests #NewMeasures

Join us for a 3-day online seminar, conducted entirely in Spanish, focusing on the crucial role of Bills of Lading (B/L) in international trade.   Receive expert training from top industry leaders, including Ismael Sanchez Delfin from Delmex Group, and Javier Franco from Franco & Abogados Asociados and Universidad Externado de Colombia.   Across six practical sessions, you'll explore international conventions, common disputes (claused B/Ls, general average, LOIs), and effective solutions to B/L challenges. Gain a clear understanding of bills of lading, enhance operational effectiveness, and reduce business risks and costs.   The training course is organised by BIMCO’s Madie Sanchez-Nielsen and Thomas Damsgaard.   All course materials and presentations will be in Spanish.   See the full programme and register here: https://lnkd.in/ddGPDfSD #BIMCO #Training #BillsOfLading

The World Shipping Council have launched the second edition of the WSC Whale Chart: A global voyage planning aid to protect whales which is recommended for use for all BIMCO members to reduce the likelihood of ship strikes and the impact of underwater radiated noise. Read more and download the chart: https://lnkd.in/dexteEZr #ShipsAndShipping #GlobalTrade #NavigationalAid

Join us for an insightful session on Just-in-Time (JIT) arrivals in our upcoming free 15+15 webinar!   We will be exploring how The Port of Gothenburg have been implementing JIT in their operations.   Fredrik Rauer will also discuss some of the hurdles in JIT implementation, such as contractual and cultural barriers, and how new technologies can reshape traditional processes and ways of working.   Don't miss out on this opportunity to deepen your insight on JIT arrivals 30 October at 12:00 UTC.   Read more and sign up: https://lnkd.in/dhhsz94i #JIT #GlobalTrade #ShipsAndShipping #Webinar

Attacks on ships in Ukraine threaten 1% of dry bulk market Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is not improved. The price of war risk insurance has already increased but the impact on exported volumes has so far been limited. BIMCO members can read the full report here: https://lnkd.in/ds4DZyqk #BIMCO #MarketReport #Ukraine #DryBulk

📢 The Cyber Security Workbook for On Board Ship Use (6th Edition 2025) is out now! - This Workbook has been designed as a practical, straightforward guide to support the Master and officers on board ship (Part I - Onboard Practical Considerations). - It is designed to facilitate understanding and good collaboration between individual ships, onshore IT departments and equipment manufacturers (Part II - Shore Management Considerations). The Workbook can also be useful to the wider maritime industry. 🔖Remember that BIMCO members can get a 20% discount! Learn more and order here: https://lnkd.in/dcnU-fQA #BIMCO #CyberSecurity #Guide

Your opinion matters! Join the Future International Trade (FIT) Alliance eBL Survey 2024 to share your insights on electronic bill of lading usage. Your feedback is essential for understanding the challenges and opportunities of eBL adoption. BIMCO is a founding member of the FIT Alliance. Find out more and take the survey: https://lnkd.in/dtCmJMQU #eBL #BIMCO #GlobalTrade #Digitalisation

Need help navigating the oil and tanker market? Join our masterclass this December in Istanbul! Discover the roles and interests of key players in tanker chartering, including oil majors, refineries, traders, owners, and operators. Explore practical solutions to minimize liabilities associated with trade clauses and contracts among different parties. Learn how tanker trade regulations ensure safety, environmental protection, and compliance through rigorous vetting and quality assurance. Join Haris Zografakis and Cristan Evans from Stephenson Harwood LLP as they guide you through tanker charter parties and trade-specific clauses. This masterclass will equip you with the knowledge and tools to effectively manage risks and protect your business. Register here: https://lnkd.in/dnG5kFB6 #BIMCO #Trading #Training #GlobalTrade

Exploring the future of maritime fuel choices in our recent 15+15 webinar! LNG offers immediate emission reductions, but could e-fuels be the long-term solution? Meanwhile, winds are turning against methanol while ammonia is gaining momentum. We were happy to have Kenneth Tveter, Global Head of Green Transition at Clarksons, join us to share insights on these pivotal decisions. Watch the webinar recording and gain valuable insights: https://lnkd.in/djGwR5Th #BIMCO #LNG #methanol #ammonia #efuels