BIMCO Bulletin

BIMCO - Bulletin September 2019

Foreword Brace for dispute, cooperation and diplomacy from Angus Frew, Secretary General & CEO at BIMCO BIMCO BIMCO news Kaptanoglu: BIMCO to gather owners to face new shipping era On course with the Maritime Law Academy Voice of a new member & list of new BIMCO members Contracts and clauses North of England sees many 2020 bunker pitfalls Transition to 2020 presents charter party challenges Standard forms: Be smart! Market analysis from Peter Sand & Emily Stausbøll Read the latest assessment from BIMCO’s shipping analysts on: Macroeconomics Dry bulk shipping Tanker shipping Container shipping Regulation FONAR: The expensive tool shipowners should avoid Why 1 March is your real deadline Security Trouble in the Gulf of Oman is the new normal Support & Advice Support & Advice: Off-hire Technology and efficiency Shipowners: the 2020 scenarios we can plan for and those we can’t Gender equality – a long way to go Watchkeeper Watchkeeper: Autonomy for “mainstream” shipping North of England sees many 2020 bunker pitfalls Deputy Director of the P&I Club North of England, Tiejha Smyth, expects to be involved in all of the issues concerning the 2020 transition, including enforcement action that could result in fines and detentions. Smyth offers advice in the Bulletin on the steps shipowners and charterers can take to prepare with only four months to go. Kaptanoglu: BIMCO to gather owners to face new shipping era As global shipping enters a new era, BIMCO’s newly elected president – Turkish shipowner Sadan Kaptanoglu – has set herself the goal of gathering as many shipowners around the table as possible, to find ways of steering a course through the world’s environmental challenges. The Bulletin has interviewed BIMCO’s new President. Shipowners: the 2020 scenarios we can plan for and those we can’t Shipowners can take many steps to prepare themselves, the crew and the fleet for 1 January 2020. But not all scenarios can be prepared for, or even controlled, and having to debunker tonnes of non-compliant fuel is something everyone fears. Published by BIMCO CONTENTS September 2019 Why 1 March is your real deadline The carriage ban that comes into force on 1 March 2020 will quickly make the challenges of the 2020 sulphur limit fade, according to BIMCO’s Deputy Secretary General, Lars Robert Pedersen. When the ban kicks in, covering the basics or reaching for the FONAR will no longer be enough. Market analysis BIMCO’s shipping analysts share their assessment and outlook on the macro economy, bulk, tanker and container markets. Trouble in the Gulf of Oman is the new normal With attacks on six ships during May and June in the Gulf of Oman, the industry is faced with renewed uncertainty. BIMCO’s Head of Maritime Security, Jakob P. Larsen, believes the industry must now get used to the idea that being attacked in the area is the new normal. Did you know that you can read the Bulletin on your tablet? Download the app: Bagsvaerdvej 161, 2880 Bagsvaerd, Denmark. Telephone: +45 4436 6800. pr@bimco.org SecretaryGeneral&CEO:AngusR.Frew EditorinChief:RasmusNordJørgensen Editor:MetteKronholmFrænde Graphicartist:MichelleMeyhoff Articles written by outside contributors do not necessarily reflect the views or policy of BIMCO. © Copyright – No article may be reproduced by any means in whole or in part without the written permission of BIMCO. Google Play and the Google Play logo are trademarks of Google LLC. Apple, the Apple logo, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries and regions. App Store is a service mark of Apple Inc. Connect with BIMCO