Industry Regulation
Baltic and International Maritime Council
With members in more than 120 countries, BIMCO is the largest of the international shipping associations representing ship-owners. The association's main objective is to protect its global membership through the provision of quality information and advice, and while promoting fair business practices, facilitate harmonization and standardization of commercial shipping practices and contracts. In an effort to promote its agenda and objectives, BIMCO has developed industry guidelines for the use of private maritime security contractors and a standard contract for the employment of armed guards aboard ships.