Baltic and International Maritime Council

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BIMCO Headquarters seen from its entrance at 2880 Bagsvaerd near Copenhagen, Denmark BIMCOHouse1 (1).jpg
BIMCO Headquarters seen from its entrance at 2880 Bagsværd near Copenhagen, Denmark

The Baltic and International Maritime Council (BIMCO) is one of the largest of the international shipping associations representing shipowners. [1] [2] BIMCO states that its membership represents approximately 60 percent of the world's merchant shipping tonnage and that it has members in more than 130 countries, including managers, brokers and agents. [3] BIMCO states that its primary objective is to protect its global membership through the provision of information and advice, while promoting fair business practices and facilitating harmonisation and standardisation of commercial shipping practices and contracts. [4]

Contents

BIMCO's headquarters is in Bagsværd, a suburb of Copenhagen, Denmark. [2] The current President is Nikolaus H. Schües, who took over as the 46th President of BIMCO in May 2023. The current Secretary General and CEO is David Loosley, who was previously CEO at IMarEST. [5]

To support the development and refinement of maritime regulations, BIMCO is accredited as a Non-Governmental Organisation (NGO) with all relevant United Nations organs, specifically the International Maritime Organization. In an effort to promote its agenda and objectives, the association maintains a close dialogue with governments and diplomatic representations around the world, including maritime administrations, regulatory institutions, and other stakeholders within the areas of EU, the United States, and Asia.[ citation needed ] BIMCO also conducts various training programmes around the world for the Maritime community. [6]

History

BIMCO was founded in 1905 in Copenhagen by a group of shipowners who came together to agree timber freight rates. [1] In 1913, the organisation created the first draft of a standard charter party agreement. [1] By 2016, the organisation had 2,200 member companies. [1]

Publications

The rear of BIMCO headquarters in Bagsvaerd near Copenhagen, Denmark BIMCOHouse2.jpg
The rear of BIMCO headquarters in Bagsværd near Copenhagen, Denmark

BIMCO produces industry guidance and publications in partnership with the Witherby Publishing Group. [7] For example, cyber security has come under increased focus in the maritime industry since the IMO required cyber security to be addressed under the International Safety Management Code and in 2019, BIMCO, the International Chamber of Shipping, and Witherbys published the Cyber Security Workbook for Onboard Ship Use. [8] [9] The second edition of the nautical workbook was published in 2021. [10] [11]

In 2021, with Witherbys, BIMCO published an updated guidance title on contractual risks entitled Check Before Fixing. [12] [13]

BIMCO publishes industry standard contracts for ocean towage, including TOWCON and TOWHIRE which were updated in 2021. [14] The organisation also publishes shipbuilding contracts. [15]

In August 2022, in partnership with Witherbys and ICS, BIMCO issued a guidance title for the shipping industry on biofouling entitled Biofouling, Biosecurity and Hull Cleaning. [16] [17]

Related Research Articles

Admiralty law or maritime law is a body of law that governs nautical issues and private maritime disputes. Admiralty law consists of both domestic law on maritime activities, and private international law governing the relationships between private parties operating or using ocean-going ships. While each legal jurisdiction usually has its own legislation governing maritime matters, the international nature of the topic and the need for uniformity has, since 1900, led to considerable international maritime law developments, including numerous multilateral treaties.

Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels.

A shipowner, ship owner or ship-owner is the owner of a ship. They can be merchant vessels involved in the shipping industry or non commercially owned. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate or based on hire. Shipowners typically hire a licensed crew and captain rather than take charge of the vessel in person. Usually the shipowner is organized through a company, but also people and investment funds can be shipowners. If owned by a ship company, the shipowner usually performs technical management of the vessel through the company, though this can also be outsourced or relayed onto the shipper through bareboat charter.

A maritime lien, in English and US law and elsewhere, is a specific aspect of admiralty law concerning a claim against a ship for services rendered to it or injury caused by it.

<span class="mw-page-title-main">Institute of Marine Engineering, Science and Technology</span>

The Institute of Marine Engineering, Science and Technology (IMarEST) is the international membership body and learned society for marine professionals operating in the spheres of marine engineering, science, or technology. It has registered charity status in the UK. It has a worldwide membership of 21,000 individuals based in over 128 countries. The institute is a member of the UK Science Council and a licensed body of the Engineering Council UK.

Maritime security is an umbrella term informed to classify issues in the maritime domain that are often related to national security, marine environment, economic development, and human security. This includes the world's oceans but also regional seas, territorial waters, rivers and ports, where seas act as a “stage for geopolitical power projection, interstate warfare or militarized disputes, as a source of specific threats such as piracy, or as a connector between states that enables various phenomena from colonialism to globalization”. The theoretical concept of maritime security has evolved from a narrow perspective of national naval power projection towards a buzzword that incorporates many interconnected sub-fields. The definition of the term maritime security varies and while no internationally agreed definition exists, the term has often been used to describe both existing, and new regional and international challenges to the maritime domain. The buzzword character enables international actors to discuss these new challenges without the need to define every potentially contested aspect of it. Maritime security is of increasing concern to the global shipping industry, where there are a wide range of security threats and challenges. Some of the practical issues clustered under the term of maritime security include crimes such as piracy, armed robbery at sea, trafficking of people and illicit goods, illegal fishing or marine pollution. War, warlike activity, maritime terrorism and interstate rivalry are also maritime security concerns.

Nautical publications is a technical term used in maritime circles describing a set of publications, either published by national governments or by commercial and professional organisations, for use in safe navigation of ships, boats, and similar vessels. Other publications might cover topics such as seamanship and cargo operations. In the UK, the United Kingdom Hydrographic Office, the Witherby Publishing Group and the Nautical Institute provide numerous navigational publications, including charts, publications on how to navigate and passage planning publications. In the US, publications are issued by the US government and US Coast Guard.

<span class="mw-page-title-main">Witherby Publishing Group</span> Publisher of maritime reference material

The International Chamber of Shipping is one of the world's principal shipping organisations, representing around 80% of the world's merchant tonnage through membership by national shipowners' associations. It is concerned with maritime regulatory, operational and legal issues. Its membership includes over 40 national shipowner organisations.

The international shipping industry can be divided into four closely related shipping markets, each trading in a different commodity: the freight market, the sale and purchase market, the newbuilding market and the demolition market. These four markets are linked by cash flow and push the market traders in the direction they want.

<span class="mw-page-title-main">Hong Kong International Convention for the safe and environmentally sound recycling of ships</span>

The Hong Kong International Convention for the safe and environmentally sound recycling of ships, or Hong Kong Convention, is a multilateral convention adopted in 2009, which has not entered into force. The conference that created the convention was attended by 63 countries, and overseen by the International Maritime Organization (IMO).

<span class="mw-page-title-main">Maritime Labour Convention</span> International Labour Organization Convention

The Maritime Labour Convention (MLC) is an International Labour Organization (ILO) convention, number 186, established in 2006 as the fourth pillar of international maritime law and embodies "all up-to-date standards of existing international maritime labour Conventions and Recommendations, as well as the fundamental principles to be found in other international labour Conventions". The other pillars are the SOLAS, STCW and MARPOL. The treaties applies to all ships entering the harbours of parties to the treaty (port states), as well as to all ships flying the flag of state party (flag states, as of 2021: over 91 per cent).

The International Federation of Shipmasters' Associations (IFSMA), is the international professional organisation that unites and represents the world's serving Shipmasters.

<span class="mw-page-title-main">Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia</span>

The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia, abbreviated as ReCAAP or RECAAP, is a multilateral agreement between 16 countries in Asia, concluded in November 2004 and includes the RECAAP Information Sharing Centre (ISC), an initiative for facilitating the dissemination of piracy-related information.

<span class="mw-page-title-main">SIGTTO</span>

SIGTTO is the Society of International Gas Tanker and Terminal Operators. It is a not-for-profit non-governmental organisation that represents owners of gas carriers and terminals, including LNG terminals. SIGTTO was formed as an international organisation for industry participants to share technical and operational experience, to address common industry problems and derive policies for improvements in maritime operations. The Society has more than 190 members including large companies such as BP, ExxonMobil, Chevron and Shell. The organisation has Observer Status at the International Maritime Organization as an NGO. Focusing on LNG and LPG, the society is involved in the creation of publications to enhance maritime knowledge and promote safety at sea. They are actively involved in research for the use of gas as a marine fuel and publish various relevant industry guidelines. The current CEO and general manager is Ian Revell, a chartered engineer, who was appointed in September 2022.

<span class="mw-page-title-main">Crew management</span>

Crew management for ships, otherwise known as crewing, are the services rendered by specialised shipping companies. Crew management services are an essential part of maritime and ship management that includes the management of all the various activities handled by crew on-board vessels, as well as related shore-based administration. Major locations where crew management activities are carried out from include Limassol (Cyprus), Singapore, Hong Kong and Malta.

<span class="mw-page-title-main">Ballast Water Management Convention</span>

The International Convention for the Control and Management of Ships' Ballast Water and Sediments is a 2004 international maritime treaty which requires signatory flag states to ensure that ships flagged by them comply with standards and procedures for the management and control of ships' ballast water and sediments. The Convention aims to prevent the spread of harmful aquatic organisms from one region to another and halt damage to the marine environment from ballast water discharge, by minimising the uptake and subsequent discharge of sediments and organisms. From 2024, all ships are required to have approved Ballast Water Management Treatment System, according to the D2 standard. Existing ships are required to install an approved system, which may cost up to 5 million USD per ship to install. To assist with implementation, the IMO has released 14 Guidance documents in regards to the Convention including the G2 Guidelines for Ballast Water Sampling, G4 Guidelines for Ballast Water management and G6 Guidelines for Ballast Water Exchange. As of 15 July 2021, 86 countries were contracting States to the BWM Convention.

Maritime Informatics is a thematic topic within the broader discipline of informatics. It is based on the use of information systems, data sharing and data analytics to increase the efficiency, safety, resilience and ecological sustainability of the world's shipping industry.

Danish shipping's counter-piracy strategy is necessary as Denmark operates one of the world's five largest shipping nations in terms of operated fleet, controlling around 10% of global shipping. At any given time, there are approximately 70 Danish-controlled ships in the Indian Ocean and 30 ships in the Gulf of Guinea. This makes piracy in these areas is a significant concern for the Danish shipping industry and for the Danish state. In 2012, when Somali piracy was at its height, the piracy cost of Danish shipping was estimated to be between 130 and 260 million Euros.

The UK P&I Club is a marine mutual liability insurer in the United Kingdom providing P&I insurance for the global shipping industry. The UK P&I Club is one of the 12 members of the International Group of P&I Clubs. The club is one of the largest of the global P&I Clubs and in 2002 covered more than 100 million tons across 6,000 ships. In 2019, the Club provided insurance for over 144 million gross tons of merchant shipping.

References

  1. 1 2 3 4 "BIMCO". Maritime Executive. Retrieved 30 July 2021.
  2. 1 2 "BIMCO". Wartsila. Retrieved 30 July 2021.
  3. "Members". BIMCO. Retrieved 30 July 2021.
  4. "Baltic and International Maritime Council | Den Store Danske Encyklopædi". Denstoredanske.dk. Retrieved 21 October 2019.
  5. "IMarEST boss David Loosley takes on Bimco CEO role". Tradewinds . Retrieved 30 July 2021.
  6. BIMCO Maritime Training
  7. "BIMCO STEPS UP FOCUS ON PUBLICATIONS". Sea News. Retrieved 30 July 2021.
  8. "Book Review: Cyber Security Workbook for On Board Ship Use". Maritime Executive. Retrieved 9 July 2021.
  9. "How to ensure VSAT modems cannot be hacked". Riviera Maritime. Retrieved 9 July 2021.
  10. "ICS unveils new initiatives in shipping's digitalisation". Ship Insight. Retrieved 9 July 2021.
  11. "Cyber Security Workbook". BIMCO. Retrieved 9 July 2021.
  12. "New Check Before Fixing 2021". Hellenic Shipping News. Retrieved 30 July 2021.
  13. "New BIMCO Check Before Fixing published". Ship Insight. Retrieved 30 July 2021.
  14. "BIMCO publishes updated ocean towage agreements". Riviera Maritime. Retrieved 30 July 2021.
  15. "BIMCO publishes new standalone Refund Guarantee for Shipbuilding Contracts". Hellenic Shipping News. Retrieved 30 July 2021.
  16. "Biofouling, Biosecurity and Hull Cleaning, First Edition". Tanker Operator. Retrieved 22 August 2022.
  17. "Biofouling: A multi-layered ESG problem". Lloyd's List . Retrieved 22 August 2022.(subscription required)