11 August 2016
04 July 2018
The slowdown in dry bulk activity might be temporary given the recent announcement from the Ministry of Transport in China that as of September all vessels imported in the country should satisfy at least Tier II emission standards, which gives window of just two months to local buyers wishing to invest in vessels not satisfying the criteria.
The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.
12 September 2016
11 April 2012
Towards the end of 2011, we got the first indication that liner companies were winning “the pricing battle” against shippers on the level of freight rates on the main lanes from Far East to Europe and the Mediterranean.
24 April 2013
Shipowners are faced with a number of important decisions in terms of investment and trading if they want to do business within the future sulphur limits of Emission Control Areas (ECAs). The deciding factors influencing the investment decision for installation of a scrubber are the fuel cost spread and the time spent in an ECA. In this article, BIMCO has tried to abridge the issue to facilitate decision making.
13 October 2010
Forecast: BIMCO expects the fourth quarter to be a difficult one, with volumes going down from recent highs. This may also mean idling vessels becomes more normal again as they are removed from stings or simply temporarily abundant as volumes tighten.
During the first half of 2010 the container trade has made a remarkable comeback. Rates have doubled on many routes and volumes have returned from the abyss to the benefit of many owners who have switched from red ink to black as a result of this.
10 October 2016
The main exporters of thermal coal for coal- fired power plants to the United Kingdom (UK) have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the UK starting a concerning trend for the dry bulk shipping industry, by close to doubling its Carbon Price Floor (CPF).
07 November 2017
For the demand side to reap the full benefits of this possible global upturn, globalisation must be embraced and the gains from open trade must be a key focus of the policymaker's agenda, replacing any inward-looking policies
14 April 2011
Chief Shipping Analyst at BIMCO, Peter Sand, chaired and spoke this week at the 3rd European Dry Bulk Shipping Market Outlook Conference in Istanbul
20 November 2011
If you work a little harder every day and do your work a little better and smarter today than yesterday, you will stand a better chance of running a successful shipping business. Those words of wisdom catch the optimism bubbling at the NAVIGATOR 2011 event in Athens, Greece.
A business full of hardship in recent years has only drowned a few of the die-hard optimists within the shipping industry.