Latest news from Heavy Lift & Project Forwarding International Magazine

BIMCO expels ShipNext

The Baltic and International Maritime Council (BIMCO) has expelled the recently-launched Ukrainian freight and shipping trading platform ShipNext from its membership saying that it “repeatedly and falsely” claimed that BIMCO supported its platform.

According to BIMCO, it has also terminated its agreement with ShipNext that had allowed the use of BIMCO contracts on the ShipNext trading platform.

The termination follows repeated warnings by BIMCO which were ignored by ShipNext, states the organisation.

BIMCO’s secretary general and ceo, Angus Frew, said that the company has on a number of occasions claimed in marketing material that its trading platform is supported by BIMCO, claims which could compromise BIMCO’s market neutral position.

“The claims are a blatant abuse of the licensing and membership agreement that we have with ShipNext and is, in our view, a deliberate policy to mislead ShipNext’s customers. It compromises BIMCO’s position as a neutral and commercially independent association and is totally unacceptable behaviour,” added Frew.

The association has said that it has never supported nor endorsed the ShipNext system, and no longer has any formal licensing agreement with the company. The use of BIMCO standard contracts on this system is no longer permitted.

To date, a request for a response from the organisation that set up ShipNext has thus far not been forthcoming.
 

www.bimco.org

www.shipnext.com

Heavy Lift | News

CSA 2020 disappointed with EC scrubber proposal thumbnail image

CSA 2020 disappointed with EC scrubber proposal

February 22 - The Clean Shipping Alliance 2020 (CSA 2020) has expressed concerns over the European Commission’s (EC) proposal to the International Maritime Organisation (IMO) regarding the use of exhaust gas cleaning systems.
Views: 408
ABC inks Jettainer agreement thumbnail image

ABC inks Jettainer agreement

February 22 - AirBridgeCargo Airlines (ABC) has signed a leasing agreement with Jettainer for the provision of unit load devices (ULD) to support the airline's transportation of special cargoes.
Views: 294
Air Charter Service on the up in LAX thumbnail image

Air Charter Service on the up in LAX

February 22 - Air Charter Service (ACS) has expanded its office size in Los Angeles as it continues its investment in California, USA.
Views: 339
GEFCO Group appoints five  thumbnail image

GEFCO Group appoints five 

February 22 - GEFCO Group has made five senior appointments as it continues to expand its global freight forwarding business division. 
Views: 409

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.