09 October 2018
Total US crude exports to all destinations other than China hit a new all-time high in August at 6.96 million tonnes.
31 May 2018
Overcapacity remains in the sector, where fleet growth is extremely uneven.
15 February 2018
BIMCO’s Chief Shipping Analyst, Peter Sand, will be participating at the 18th edition of Trans Pacific Maritime on 4-7 March 2018 in Long Beach, California.
08 May 2018
When two of the world’s top trading partners, get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, we’d better prepare for what may come. While hoping that it will never take place.
21 February 2018
What will the future bring? Overall demand growth is expected to be lower than in 2017, but still high enough to potentially improve the fundamental market balance.
22 January 2016
2016 continues where 2015 ended, with all eyes on China. This is mainly because of uncertainty surrounding the development of the world’s second-largest economy. When the first day of the Shanghai Stock Exchange of 2016 closed prematurely, the trading results echoed around the world. It warned us that we are in for a rough ride in 2016.
23 August 2019
Marsden Point, New Zealand came out as the highest rated bulk terminal in BIMCOs Terminal Vetting Scheme. With 161 ships from 132 companies involved in the scheme, the report now covers 419 terminals globally. Just under 95% of the reports were rated average or better, which gave an average rating of 3.6 (out of five), suggesting positive trends for the future.
12 February 2013
The record-high Chinese imports towards the end of 2012 ensured that quantities of Chinese iron ore reached an all-time high of 744 million tons for the full year, according to Chinese customs data. Meanwhile, port inventories have been decreasing considerably since early September, suggesting that the demand should stay sturdy in the coming year.
27 June 2019
April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand to fall disproportionally.
16 September 2019
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.