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As adopted at the General Meeting in Rome, June 2017
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The dry bulk shipping industry remains on the road to recovery, as demand continues to keep its nose just ahead of fleet growth, while scrapping and ordering remains subdued.
Overcapacity remains in the sector, where fleet growth is extremely uneven.
The impact of the sanctions against Iran and global stockpile levels are two factors to watch out for.
GDP growth and high trade multipliers have benefitted the shipping industry through higher trade volumes, but this could be as good as it gets.
June 2018
Months of uncertainty about the potential exemptions of the EU, Canada and Mexico’s exports of steel and aluminium to the US have ended, and with a hard hit.
May 2018
When two of the world’s top trading partners, get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, we’d better prepare for what may come. While hoping that it will never take place.
A “Power panel” debate on the dry bulk and oil tanker shipping markets, including the 2020 global sulphur cap experiment. Sign up here
April 2018
The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.
BIMCO’s market analysis team launches a graph section, where BIMCO members can get an overview of a specific sector and how the supply side of that sector develops.
BIMCO’s Deputy Secretary General Søren Larsen and Chief Shipping Analyst Peter Sand will be visiting Odessa, Ukraine to participate at the Grain & Maritime Days on 24 – 25 May 2018 at Black Sea Shevchenko Park Hotel, Odessa, Ukraine.
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