25 November 2019
BIMCO expects freight rates will once again come under pressure after the end of the high seasonal demand in Q4, as well as the boost from the sulphur cap. The fleet growth of 6.3% in the crude oil tanker market and the 4.8% growth in the oil product fleet will have its consequences on the supply and demand balance.
03 December 2019
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.
29 August 2019
Join Peter Sand at the London International Shipping Week, where he will be participating in the Navigating Through IMO 2020 amid slowing growth discussion hosted by Bloomberg Intelligence. The discussion will cover the outlook for the commercial shipping markets, alongside an IMO panel discussion on how to prepare for the upcoming IMO 2020 Sulphur Cap. The event will be followed with a networking reception.
26 February 2020
Low demand growth will continue into 2020, with carriers struggling to increase freight rates enough to cover the additional costs of the IMO 2020 sulphur cap compliance. Fleet growth is lower then last year, but still too high compared to demand growth.
26 February 2020
The fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuel costs, caused by the sulphur cap, to shippers.
03 May 2018
A “Power panel” debate on the dry bulk and oil tanker shipping markets, including the 2020 global sulphur cap experiment. Sign up here
10 September 2018
The new BIMCO magazine the “Bulletin” is out and zooming in on challenges and questions asked ahead of the 2020 sulphur cap. “Sulphur cap consequences will draw focus for two years,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why shipowners urgently need a fuel-management plan.
16 August 2019
Alessio is a Partner at the London office of International law firm, HFW. He specialises in international commercial dispute resolution in the marine and offshore sectors, and has over 12 years' experience of advising in respect of charterparties, bills of lading, sale contracts, shipbuilding, MOA, grounding, unsafe port, off-shore (FSO, FPSO, rig, floating accommodation units), bunker and cargo disputes. He also advises regularly on international maritime regulatory issues, including those relating to MARPOL.
Alessio has an international practice, which involves him advising and representing the main stakeholders in the physical shipping and off-shore chains across the globe. This includes shipowners, charterers, freight forwarders, shippers, bunker suppliers, P&I clubs and underwriters, as well as cargo owners, banks and traders. He handles large, complex and multi-jurisdictional disputes, and litigation in both the English High Court and in arbitration.
More recently, Alessio was a member of the BIMCO sub-committee responsible for drafting the organisation's standard time charterparty clauses in response to the 2020 sulphur cap and related sulphur emission regulations, and is currently advising extensively on the legal and commercial implications arising out of these new regulations to shipowners, charterers, ship managers, P&I clubs and hull underwriters. He also presents regularly on behalf of BIMCO on this topic.
Alessio is qualified in England and Wales, and speaks fluent Italian.
19 August 2019
Christian Bækmark Schiolborg is Manager, Maritime Technology and Regulation at BIMCO. He is responsible for analysing regulatory developments, mainly on the issues of IMO 2020 sulphur cap, fuel safety and reduction of greenhouse gases from ships. Furthermore, he represents BIMCO at international organisations such as the International Maritime Organisation (IMO) and the International Organization for Standardization (ISO) on aforementioned matters.
Christian is educated as dual officer (deck officer and marine engineer) and has sailed on container ships and offshore vessels.
Before joining BIMCO, he worked 6 years with the Danish Maritime Authority. Here he began as ship surveyor, became port state control officer and ended as special adviser in technical regulation in the department for maritime regulations and legal affairs, where he represented Denmark in IMO on different technical issues and was Head of the Danish delegation in the Sub-committee on Ship Systems and Equipment.
11 September 2019
Starting at 10:00 CET BIMCO’s Chief Shipping Analyst, Peter Sand will explore developments in tanker, dry bulk and container shipping, focusing on freight rates, factors affecting demand as well as the development of the fleet.