Market analysis

Impact of COVID-19 on Future Shipping Demand with BIMCO's Peter Sand

From the drastic decrease in oil demand to lockdown in manufacturing, Peter provided an overview of the macroeconomic challenges being faced by individual shipping sectors and subsequently indicators of how the breakbulk and project cargo sectors are faring through the current pandemic.

State of the Bunker Industry - Examining the Key Issues Stakeholders Face Today

This is not the post-2020 environment we expected. The event examined the key issues that marine fuel stakeholders from buyers to suppliers face today. How did we get here, and what can we expect in the months ahead? Is there any IMO 2020 hangover at all, or is the focus now only on dealing with the reality of new market dynamics and the changing economic landscape? Peter Sand, Chief Shipping Analyst, BIMCO provided the Shipowners' Perspective.

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Get analysis of the dry bulk, oil tanker and container markets. The BIMCO shipping market analysis team writes a mix of quick insight and deep analysis with a focus on the fundamentals: supply and demand.

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February 2020

Global shipping holds its breath as the coronavirus continues to spread

The outbreak of the novel coronavirus, recently dubbed COVID-19, continues to generate massive economic and financial uncertainty when it comes to China and global shipping.

Coronavirus impacting the global shipping industry

The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. This especially holds true for the commercial shipping markets, which remain heavily reliant upon China, both on the import and export side.

January 2020

Chinese imports of tariffed goods from the US down 30 million tonnes

US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared to the same period of 2017, the last full year unaffected by the trade war.

Peter Sand to offer future industry insight at Slide2Open Shipping Finance conference in Athens, Greece

Peter Sand will offer his view of the most relevant future commercial aspects to the shipping industry in Athens at the Slide2Open Shipping Finance conference on 30 January 2020.

China’s thirst for crude oil pushes Brazil’s December exports to all-time high

Brazilian crude oil exports hit a record high in December 2019 with a total 8.7 million tonnes of crude oil exported, as China continues to turn to Brazil for crude.

Low-sulphur fuel sale jumps as 2020 sulphur cap kicks in

The final quarter of 2019 marked a massive decline of HSFO sales, as the industry transitioned into compliance with the IMO 2020 Sulphur Cap (IMO2020).

December 2019

Peter Sand to share market insights in Málaga, Spain and Amsterdam, Netherlands.

Join Peter Sand as he provides his latest dry bulk outlook at the INTERCEM Shipping Forum in Málaga, Spain on 21 January 2020.

Supply and demand trending off balance

One of the most worrying trends that has developed recently - which will affect shipping demand in the years to come - is the falling trade-to-GDP ratio.

Peter Sand to present BIMCO’s 2020 market outlook

2020 marks a milestone for the shipping industry with the IMO 2020 Sulphur Cap set for implementation on 1 January 2020. Join BIMCO’s Chief Shipping Analyst, Peter Sand, as he offers his take on what the year will bring for the container shipping segment and the shipping industry in general.

November 2019

Container Shipping: Pressure remains despite some of the trade war damage being offset by a reshuffling of manufacturing in Asia

With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked sailings have been unable to lift freight rates.