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BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
Four weeks after Russia’s invasion of Ukraine, a few things have become clearer, but much uncertainty remains.
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any time soon. This may have sustained spill-over impact on the global economy.
The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States.
June 2022
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
BIMCO's Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in June 2022.
March 2022
Four weeks after Russia’s invasion of Ukraine, a few things have become clearer, but much uncertainty remains.
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any time soon. This may have sustained spill-over impact on the global economy.
October 2021
The trade war continues to rage in the shade of the headline-grabbing supply chain disruptions. The tariffs are still in place and are unlikely to go anywhere despite the change of administration in the United States.
September 2021
Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of 2021 compared to 2020, with imports so far this year totalling 26.1m tonnes.
New virus mutations and outbreaks have slowed the recovery in global oil demand as some countries lock down again and international travel remains complicated.
Unequal vaccine distribution has put a stopper in the recovery in parts of the world, adding to supply chain disruptions and slowing growth even in countries protected by higher vaccination rates. In a globalised world, no one can return to normal before everyone can.
Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping the market stay strong expected to continue providing support into 2022.