Maritime Glossary
BIMCO
Also known as: Baltic and International Maritime Council
The world's largest international shipping association, producing standard contracts and clauses for the shipping industry.
Status: ActiveVerified: Source confidence: high (96%)
Full Definition
The Baltic and International Maritime Council (BIMCO) was founded in 1905 and is headquartered in Copenhagen. It represents shipowners, managers, brokers, and agents, and produces widely-used standard charter-party forms (GENCON, SUPPLYTIME, BARECON) and clauses. BIMCO also provides regulatory guidance, educational resources, and market analysis. Its membership covers approximately 60% of world tonnage.
Domain Tags
commercialorganizationsstandards