New Cyber Security Clause from BIMCO

2 September 2023

BIMCO introduced a dedicated cybersecurity clause for shipping contracts following a series of high-profile incidents involving major carriers and port operators.

The clause defines responsibilities for both shipowners and charterers in the event of a cyber incident, establishing a contractual framework that reflects the growing operational risk in connected maritime environments.

Industry guidelines developed by BIMCO, alongside IMO resolutions, are shaping how maritime organisations approach cybersecurity as a governance and risk management discipline rather than a purely technical problem.