18 January 2019
The best performing port, in BIMCO’s Dry Bulk Terminals Vetting Report 2018, is Szczecin in Poland. The report collected input from 144 ships covering 381 terminals. A total of 97% of the reports were rated as average or better, which gave an average rating of 3.6 (out of five). The result is a marginal better than last year’s results.
05 October 2016
BIMCO has today published the next in its series of reports looking at the “road to recovery” for dry bulk shipping beyond the current market difficulties. The foundation for the new report follows the conclusion of BIMCO’s previous analysis – that due to the severity of the current crisis the sector can only return to profitability in 2019 if shipowners deliver “zero supply side growth”, year on year.
13 June 2012
The dry bulk market is under immense pressure, as the retreating weight of China as the driver of the market is extensively felt. At a time when supply growth simply breaks new mind-blowing delivery records, the demand situation is pitching in a bit too. Currently, there are reports of Chinese customers in the steel industry that are refusing to honour their contract as prices drop, and stock piles are fuller than normal at a time when steel mills take their foot off the throttle following a red-hot production period in recent months.
02 August 2017
The 2017 half-year result of the dry bulk terminal vetting is ready. New reports have been added to the database by ships after each port call.
25 July 2018
Peter Sand is Chief Shipping Analyst at BIMCO. He has worked for Statistics Denmark, compiling public accounts and doing international statistical work in relation to the European Union and United Nations. He then joined D/S NORDEN and during the rise and fall of the dry bulk markets, Peter gained experience in the fields of executive assistance, caretaking of investors and the art of transforming financial data and shipping statistics into analyses, presentations and reports. Later on he worked with CSR with a focus on sustainable shipping. Peter left D/S NORDEN as Senior Analyst and member of the Corporate Social Responsibility Board and joined BIMCO in 2009. He holds an MSc in Economics from the University of Copenhagen.
10 June 2018
Capesize: A slow end to a busy week following on from late Thursday rumours of Vale swooping into the market and taking several ships from Tubarao to Qingdao for July with reports ranging from 8 to 12 vessels.
The Baltic Exchange daily fixture report features daily updates on the Baltic exchange indexes, timecharters, periods, voyage fixtures and is listed by ship name, size, delivery place and freight rate.
The daily dry bulk market report by the Baltic Exchange contains news impacting the following segments; capesize, panamax, supramax and handysize.
01 November 2019
Panamax: The positive trend from last week did not continue, with both basins showing signs of softening since Tuesday.
BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
01 November 2019
Capesize: The end of the week brought about a small increase in sentiment heading into a long weekend for some regions.
BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
01 November 2019
Capesize: The Capesize market managed to find a floor and rally a little this week after several weeks of declines.
BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
11 November 2019
Panamax: The weaker and softer trend continued during the week with a large sell-off in both basins resulting in the Baltic Panamax Index (BPI) losing well over 100 points on the week.
BIMCO will no longer publish daily market reports. Going forward, a weekly dry bulk market report will be published, providing members with a summary of the market and highlighting weekly movements of the Baltic dry indices and average dry bulk earnings.
