BIMCO Search Results

Tanker Shipping - Recent positive development spurs optimism amongst crude tanker owners as VLCC earnings remain comfortable

11 April 2012

The positive demand picture that was firming freight rates on benchmark routes in all crude tanker segments towards the end of 2011 and the first two months of 2012 is still hanging around. Almost the same – that is, as Aframax tanker have seen earnings on the benchmark route in the North Sea drop during February to touch the ground before taking rates to currently USD 10,500 per day.

Container Shipping - Historical rise in freight rates on main trading lanes is bettering the outlook for now, despite the large number of ships in layup

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.

77th meeting of IMO Marine Environment Protection Committee

02 December 2021

Following COP 26, it was no surprise that most of the time spent on the deliberations at the 77th meeting of the IMO Marine Environment Protection Committee (MEPC 77) focused on GHG reductions from international shipping. Nevertheless, the committee still managed to make progress on ballast water management, marine plastic litter from shipping, black carbon in the Arctic and exhaust gas cleaning systems.

Container Shipping - Rates are flattening out – balance sustained, but for how long?

15 August 2010

Demand: We see that the freight rate index levels from China show that rates to Europe have been very stable around 1,800 (index value) since April with a slight negative trend over the last three weeks. Spot prices from Shanghai have been equally firm at around USD 1,900 per TEU. Meanwhile, rates for containers heading for US West Coast continue to soar. Since early April the China Containerized Freight Index for the US West Coast has gone up by 20%.