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Baltic And International Maritime Council

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Chapter Summary

The Baltic and International Maritime Council (BIMCO) is one of the largest and most diverse private shipping organizations in the world. Thomas Cairns, a Newcastle-upon-Tyne ship owner, and Johan Hansen of Copenhagen were the founders of the predecessor organization to BIMCO. BIMCO's membership is classified into five different groups including Associate Membership, Broker/Agency Membership, Club Membership, Associate Membership for Educational Institutions, and Owner Membership. BIMCO's financing primarily comes from its various membership fees plus additional revenue from publications, conferences and public events, and courses on various aspects of shipping, maritime commerce and law. BIMCO plays several roles in the transnational economic governance. BIMCO's policy objective is for initiatives against terrorism to be pursued in an efficient and pragmatic matter with the burden of new responsibilities being shared between the maritime industry and national governments.

Keywords: anti-drug smuggling programme; Baltic and International Maritime Council (BIMCO); club membership; Johan Hansen; maritime industry; Thomas Cairns; transnational economic governance



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