BIMCO Search Results

Airline capacity 37% lower than 2019, curbing demand for jet fuel

In 2019, prior to the onset of the COVID-19 pandemic, jet fuel contributed an estimated 8% of oil products’ cargo demand. When travel restrictions were imposed during the pandemic, air travel suffered significantly and jet fuel shipments in 2021 were down approximately 33% compared to 2019. Airlines... Please follow the link to continue reading.

Supply/demand

So far this year, the fleet and market demand has developed in line with our previous expectations. Recently, time charter rates and freight rates for Chinese exports have, however, shown some upward momentum that we did not expect. The Shanghai Containerized Freight Index (SCFI) covering export spo... Please follow the link to continue reading.

US regulations affecting your ships - get the January update!

This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The ... Please follow the link to continue reading.