02 January 2020
As 1 January 2020 approaches and the sulphur regulation from the International Maritime Organization (IMO) comes into force, BIMCO is experiencing an increase in questions related to the discord between the verification produces for statutory fuel oil samples and commercial fuel oil samples. Here, BIMCO provides its interpretation on the discord.
20 December 2019
The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has prompted questions regarding the possibility of blending fuel on board ships to achieve compliance. Here, BIMCO offers its view on the regulatory aspects of whether on board blending can be considered compliant.
19 December 2019
Join Peter Sand as he provides his latest dry bulk outlook at the INTERCEM Shipping Forum in Málaga, Spain on 21 January 2020.
18 December 2019
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.
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.
27 November 2019
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.
26 November 2019
The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020.
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.
07 November 2019
The oil market has recently been shaken up by geopolitical events, but volatility in the price difference between low and high sulphur fuel cannot be explained by that alone – the uncertainty is the chaos factor.
06 November 2019
This guideline helps the reader understand stability and compatibility issues. Furthermore, it explains the different test methods, both for onboard evaluation and for tests performed in laboratories. It compliments and expands on the information given in ISO/PAS 23263:2019 and supports the ISO standard 8217:2017 on specifications of marine fuels.