Archive

This research paper explores how to develop a Geopolitical Strategy in Maritime Cyber Security. The purpose is to give indications to shipowners whether national cyber security strategies can present a risk for their business in a context of geopolitical instability. The paper was written by Aude Chocard during her internship with BIMCO’s Regulatory Department. Her work was supervised by BIMCO’s Chief Safety & Security Officer […]

In Oceanus Capital SARL v Lloyd’s Insurance Company S.A. (M/V “Vyssos”) [2025] EWHC 3293 (Comm), the Commercial Court held that a mortgagee lender was entitled to claim under a Mortgagee’s Interest Insurance (commonly known as “MII”) policy where owners had forged additional insurance cover, leading to the non-payment under the existing insurance cover following the constructive total loss of a vessel.  The decision underscores the importance of […]

The release of SALEFORM 2025 represents a further step in the continued evolution of standard documentation for ship sale and purchase transactions. Developed jointly by the Norwegian Shipbrokers’ Association (NSA) and BIMCO, the 2025 edition reflects accumulated market experience, regulatory and legal developments and evolving transactional practices, while maintaining a structure familiar to users of previous editions. Scope of the Revision Rather than a complete […]