BIMCO

BIMCO, or the Baltic and International Maritime Council, is a global shipping association founded in 1905. It represents shipowners, operators, and maritime businesses worldwide. BIMCO develops standard contracts and guidelines to improve safety, efficiency, and legal clarity in maritime operations. By providing resources like best practices and market analysis, it helps its members navigate complex shipping regulations and industry challenges. Essentially, BIMCO plays a key role in facilitating smooth and fair maritime trade, ensuring that all aspects of shipping adhere to international standards and practices.