BIMCO

BIMCO, the Baltic and International Maritime Council, is the world's largest international shipping association, representing shipowners, managers, brokers, and other stakeholders in maritime trade. Founded in 1905, BIMCO is headquartered in Copenhagen, Denmark, and operates on a global basis to serve its member organisations and individuals.

The organization develops and publishes standard forms, clauses, and guidelines used across the shipping industry. Its contractual offerings include forms for voyage and time charters, contracts of affreightment, insurance provisions, and related clauses designed to reduce risk and streamline commercial transactions. In addition to contracts, BIMCO produces guidelines, model clauses on laytime and demurrage, and training materials to support best practices in shipping operations.

BIMCO provides its members with services that include legal and contractual guidance, market information, and dispute-resolution resources. It also serves as a forum for industry discussion, enabling members to address policy, regulatory, and operational issues that affect global maritime trade. The organization actively engages with international bodies and other industry groups to promote safety, security, environmental responsibility, and fair competition in shipping.

Governance is conducted through a board and committees comprised of member representatives, with decisions and policy directions reflecting the interests of shipowners and related stakeholders. BIMCO's activities aim to standardize commercial practices, reduce disputes, and facilitate efficient, reliable, and sustainable international shipping.