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In response to growing concerns about piracy and armed robbery in the Gulf of Guinea, BIMCO is working closely with the United Nations Office on Drugs and Crime (UNODC) and Stable Seas, an international non-governmental organisation, to calculate the costs of maritime piracy and armed robbery in the Gulf of Guinea to West and Central African nations.
This BIMCO COVID 19 weekly report for the week ending 15 October covers updates from Greece, Mauritius, Portugal 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).
Boxships attracted most of the interest last week with a plethora of deals coming to light. At the same time, a decent number of dry bulk units were ordered while given the complete absence of tanker newbuilding contracts during the past two months, the presence of four firm plus two optional LNG fuelled Aframax units from Greek owner Tsakos at Daehan shipyard caught our attention. 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.
Capesize: The Capesize market continued its bull rally this week as we move into the tail-end quarter of the year. The Capesize 5TC managed a high of $86,953 on Thursday before closing out the week on a softer note at $83,865. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.
This BIMCO COVID 19 weekly report for the week ending 8 October covers updates from Brazil, Latvia, Oman, Singapore, United Kingdom, the UK P&I Club 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).
BIMCO advises on measures to be taken for cases where ships are unable to have an Asian Gypsy moth (AGM) inspection and certification due to COVID-19 restrictions.
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