01 December 2021
After just one week break, activity in the new building market has resumed with a plethora of contracts appearing on the market. The majority of deals concern container units while despite the fact that no fresh tanker deals came to light during the past week, interest in the clean tanker sector was vivid in the secondhand realm. The newbuilding market activity was in line with the course that we have been witnessing since the start of the year. Crude carrier units were missing for another week while LNG and container deals were present as always despite the increasing newbuilding prices.
17 June 2021
Looking at the list of most recently reported orders, the complete lack of both dry bulk and crude carrier units does not go unnoticed; indeed, since the beginning of June, only two Kamsarmax and two Suezmax orders have been placed as far as the more conventional units are concerned. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
10 August 2021
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition.
28 September 2020
Under the presidency of Mrs Sadan Kaptanoglu, the BIMCO Board of Directors has approved the nomination of Mr Nikolaus H. Schües, CEO of Reederei F. Laeisz (Germany) to stand for election as the next President Designate of BIMCO in 2021, succeeding Mrs Sabrina Chao, Chairman of Wah Kwong Shipping Holdings Limited (Hong Kong).
01 July 2021
During the first half of 2021, a total of 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020 (source: Vessels Value).
23 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.
10 January 2022
The Port Call Data Exchange Clause is designed specifically for use with the IMO data model framework for ships that will call at ports where the scheme has been implemented and where the exchange of ship/port information requires the IMO data format.
23 November 2020
All tankers carrying liquid cargoes governed by the International Code for Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk (IBC Code) and MARPOL Annex II should be checked and verified for compliance ahead of the regulatory changes that are taking effect from the new year.
03 May 2021
In its April 2021 World Economic Outlook, the International Monetary Fund (IMF) lifted global economic growth projections for 2021 and 2022 by 0.8% and 0.2% to 6% and 4.4% respectively due to the anticipated vaccine-driven recovery in the 2nd half of this year and additional fiscal support in some major economies, most notably the $1.9 new fiscal package in the US. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
24 May 2022
We inform members of the closure of the BIMCO Ice Reporting Season for 2021/2022.