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BIMCO is one of the largest of the international shipping associations representing
shipowner A ship-owner is the owner of a merchant vessel (commercial ship) and is involved in the shipping industry. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain frei ...
s. 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. 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. BIMCO's headquarters is in Bagsværd, a suburb of Copenhagen, Denmark. The current President is Sabrina Chao(赵式明), who took over as the 45th President of BIMCO in May 2021. The current Secretary General and CEO is David Loosley, who was previously CEO at IMarEST. 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 The International Maritime Organization (IMO, French: ''Organisation maritime internationale'') is a specialised agency of the United Nations responsible for regulating shipping. The IMO was established following agreement at a UN conference ...
. 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. BIMCO also conducts various training programmes around the world for the Maritime community.BIMCO Maritime Training
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History

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


Publications

BIMCO produces industry guidance and publications in partnership with the Witherby Publishing Group. For example, cyber security has come under increased focus in the maritime industry since the
IMO IMO or Imo may refer to: Biology and medicine * Irish Medical Organisation, the main organization for doctors in the Republic of Ireland * Intelligent Medical Objects, a privately held company specializing in medical vocabularies * Isomaltooligos ...
required cyber security to be addressed under the
International Safety Management Code The International Safety Management (ISM) Code is the International Maritime Organization (IMO) standard for the safe management and operation of ships at sea. The purpose of the ISM Code * To ensure safety at sea and prevent damage to property, ...
and in 2019, BIMCO, the International Chamber of Shipping, and Witherbys published the ''Cyber Security Workbook for Onboard Ship Use''. The second edition of the nautical workbook was published in 2021. In 2021, with Witherbys, BIMCO published an updated guidance title on contractual risks entitled ''Check Before Fixing''. BIMCO publishes industry standard contracts for ocean towage, including TOWCON and TOWHIRE which were updated in 2021. The organisation also publishes shipbuilding contracts. 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''.


References


External links


Web
{{Authority control Shipping trade associations Organizations established in 1905 1905 establishments in Denmark Trade associations based in Denmark Non-profit organizations based in Copenhagen Companies based in Gladsaxe Municipality