ASBA Agent Practice Exam

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BIMCO stands for which organization?
Correct Answer:
Baltic & International Maritime Council, Copenhagen
Explanation:
BIMCO stands for Baltic & International Maritime Council, Copenhagen. It is the world’s largest international shipping association, based in Copenhagen, Denmark, and it brings together shipowners, operators, managers, brokers, and other maritime stakeholders to develop standard contracts, guidelines, and best practices for safe, efficient shipping. The other options refer to different things—a U.S. association of ship brokers and agents, an automated passenger information system, or a logistics term—none of which form the BIMCO organization.

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