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As the BIMCO Liquid cargo database will not go deep into tank cleaning details but only gives an overall description of the methods it is recommended to consult professional Tank Cleaning Guides for in-depth tank cleaning details.
The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.
Peter talks to Gibraltar Shipping providing more insight on his role and views on current shipping trends.
Just over a year since the launch of the Gulf of Guinea Declaration on Suppression of Piracy, the fight against piracy in the region seems to be progressing well. Here are some of the developments seen over the past 12 months.
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.
Record-breaking GDP drops seen in the second quarter of the year have been replaced by record-breaking growth rates in the third. Despite this, the major economies of the world have still not returned to pre-pandemic levels, except China.