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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.
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).
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.
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.
Despite almost every driver being supportive, scrapping activity has continued to underperform during 2021. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
We inform members of the closure of the BIMCO Ice Reporting Season for 2021/2022.
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.
This BIMCO COVID 19 weekly report for the week ending 12 November covers Argentina, Canada, Indonesia, Italy, Myanmar, Singapore, USA and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).
Seafarer Workforce Report : The Global Supply and Demand for Seafarers in 2021
Last week, the newbuilding contracting activity saw a huge volume of Container units across all type of sizes. The exceptionally positive conditions in the boxship sector, continue to strengthen owners’ interest after their historical profits during 2021.
