Angus Frew Intro - BIMCO Bulletin

Central to change

WELCOME November 2017 Welcome from Angus Frew Secretary General & CEO at BIMCO i hope you are enjoying our digital version of the Bulletin. I can see from our analysis that numbers of readers are increasing with every edition (over 1500 new readers from our September issue alone) and the feedback has been very positive. In this issue, we share our expertise and advice with you concerning false brokers and charterers who are expanding their fraudulent behaviour and trying to take ships on time charter. Read up on how you can avoid falling in to one of these traps on page 6. BIMCOs new Shipmasters Ballast Water Manual can now be ordered and supports the recent entry into force of the IMO BWM Convention on 8 September. Our members receive a great discount, its ideal for use onboard and for those dealing on a daily basis with operational ballast water challenges. More information on page 9. We recently hosted over 200 delegates from the International Congress of Maritime Arbitrators (ICMA) at BIMCO House, our head office in Denmark. Arbitrators and legal experts had the opportunity to network in the home of contracts and clauses, and it gave us the occasion to showcase our state-ofthe-art headquarters. BIMCOs standard term sheet for bilateral ship financing transactions, codenamed SHIPTERM, has seen a lot of interest from across the industry. A series of well attended seminars have been held around the globe to brief shipowners, lawyers and financiers on SHIPTERM. With so much interest generated by this bilateral term sheet, BIMCO has now started working on a syndicated version. If you want to have a say in the drafting of this new form, you are welcome to apply to join the sounding board that will be asked to comment on the final draft of the form before it is adopted by the Documentary Committee. Please go to page 23 for the details on how to apply and a briefing on the recent seminars. We also take a look at the importance of seafarers mental health and how the concept of TRIOs can help. TRIOs are fellow shipmates who look for behavioural signs that may indicate depression in their colleagues, and is a low-cost initiative for the improved mental welfare of seafarers. Read all about it on page 14. Dont forget you can keep up to date with all of BIMCOs news under News & trends at www.bimco. org, and sign up for regular notifications in the areas of news that interest you the most. I hope you enjoy reading this issue of the Bulletin, and as always, please send me your thoughts and any feedback on it. Connect with BIMCO Facebook Twitter Linkedin YouTube