Baltic and International Maritime Council
Encyclopedia
The Baltic and International Maritime Council (BIMCO) is an independent international shipping trade association
. It claims a worldwide membership of 2720, including ship-owner
s, managers, brokers
, agents and others involved in the shipping
industry.
BIMCO holds observer status with a number of United Nations
organs.
Trade association
A trade association, also known as an industry trade group, business association or sector association, is an organization founded and funded by businesses that operate in a specific industry...
. It claims a worldwide membership of 2720, including ship-owner
Ship-owner
A shipowner is the owner of a merchant vessel . In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate or based on hire...
s, managers, brokers
Shipbroking
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of ships.Some brokerage firms have developed into large...
, agents and others involved in the shipping
Shipping
Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...
industry.
BIMCO holds observer status with a number of United Nations
United Nations
The United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
organs.