BIMCO

Standard clause to address USTR actions now available! We've published a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports.   Find the clause here: https://lnkd.in/drfpbY8u

Have you ever lost money because of laytime or demurrage?   Join our expert-led masterclass to gain practical insights into laytime and demurrage for both dry and wet trades. Learn how to apply key legal concepts and strategic calculations to optimise operations and profitability.   Secure your spot: https://lnkd.in/dc57KDe8

With the smallest environmental footprint of all transportation methods, shipping is the most sustainable way to keep global trade on the move.   Take a look at our Shipping Explained webpage to discover the interrelationships between the commercial and regulatory sides of shipping, and see where BIMCO fits into the picture.   Learn more: https://lnkd.in/dt-qi7gE

Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns. In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing concerns over USTR port fees on Chinese ships in US ports likely contributed to a decrease in contracting in China. This trend was further amplified by a drop in global ship contracting and a shift in the types of ships being ordered. Are you a BIMCO member? Read the full market report: https://lnkd.in/dWNRyZnG

What is the SARGADOM Thermal Dome?   With the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement just nine ratifications away from entering into force, the spotlight is on how international shipping can support biodiversity in the high seas. Understanding key biodiversity hotspots like the Thermal Dome in the eastern tropical Pacific becomes more important than ever.   Learn more: https://lnkd.in/enPBCdDp

Did you know? You can use BIMCO SmartCon, our online contract editor, even if you're not a BIMCO member.   SmartCon is a fast, simple and easy approach to working with BIMCO contracts, where you can:  - Use genuine BIMCO contracts and clauses - Access and edit contracts anytime, anywhere - Collaborate with track changes and comments - Speed up drafting with AI-powered tools   And much more.    Learn more or start a free trial here: https://lnkd.in/djR4HtE3

Ready to elevate your legal expertise in international shipping and trade? Join BIMCO Training for an intensive 5-day deep dive into Maritime Law in the UK on 1-5 September. Hosted at Trinity Hall, University of Cambridge, this intensive programme sharpens legal thinking, argumentation, and communication, rooted in English law. Through real-world case studies and a “boot camp” atmosphere, participants gain practical tools to solve legal challenges and reduce disputes in their professional lives. Learn more and secure your spot here: https://lnkd.in/eTteaFvt

📉 Global Coal Shipments Drop 6% in H1 2025   Coal cargoes to China and advanced economies slowed sharply as renewables gained ground and steel production weakened.   Is this a short-term dip, or a sign of lasting change in global energy and industrial demand?   If you're a BIMCO member, read our full market report here: https://lnkd.in/d4gUG2cc

Biofuels are gaining momentum in shipping’s decarbonisation journey. With the right certification and sustainable sourcing, they offer a practical, low-emission alternative to fossil fuels, often without the need for technical modifications.   Explore our new Trending Topic page on Biofuels to stay ahead: contracts & clauses, regulations, and operational guidance all in one place.   Learn more: https://lnkd.in/dirxxtuu

In recent days, two ships have been attacked in the Red Sea. Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence, seafarers have been killed. We join with the IMO Secretary General in his denunciation of the attacks and we call on all stakeholders to uphold the safety and security of innocent civilian seafarers as they pass through this vital waterway, carrying the food, goods and energy the world’s economy relies upon. This tragedy illuminates the need for nations to maintain robust support in protecting shipping and vital sea lanes. We urge that the international standards of freedom of navigation and the sanctity of human life are recognised, upheld and defended.