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For the new season beginning September 2019, New Zealand, Australia and Chile have introduced tougher rules to combat increasing spread of Brown Marmorated Stink Bug (BMST) coming from targeted "BMST" countries.
BIMCO will offer market insights at the inaugural Capital Link Hong Kong Maritime forum and at the Asian Logistics and Maritime conference.
Excluding intra-EU trade, the European Union’s average monthly clean oil product imports amounted to 10.0 million tonnes in 2019 but declined to 9.3 million tonnes in 2020 and 2021. Due to the high import volumes in July to October, the 2022 year-to-date average monthly volumes have reached 10.3 million tonnes, exceeding 2019 volumes.
Support for eradicating piracy in the Gulf of Guinea is gaining strength both in Asia and world-wide. Organisations including Japan’s NYK Line and the Asian Shipowners’ Association are among the latest to join in the call for action.
Overall demand remains strong in volumes with European trades picking up to supplement Asian demand. Volumes are set for 7% growth in 2011
Overall Asian exports look weak for the moment, as consumers hold back across the board.