01 October 2018
Winter has typically been a period of stronger earnings and higher freight volatility for the tanker sector. However, the winter of 2017/2018 was a disappointment across all sectors, despite it being particularly cold in the Northern hemisphere. As analysts, this has made forecasting the 2018/2019 season all the more challenging.
The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
10 September 2018
The new BIMCO magazine the “Bulletin” is out and zooming in on challenges and questions asked ahead of the 2020 sulphur cap. “Sulphur cap consequences will draw focus for two years,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why shipowners urgently need a fuel-management plan.
03 September 2018
The capacity of the fleet is growing too fast for the demand to cope with it. All three aspects of the supply side have pushed up the fleet growth – in nominal as well as active terms.
03 September 2018
When profits finally arrive, everyone breathes a sigh of relief. Several years of very bad markets have come to an end, but how do we retain the profitable freight rates?
27 August 2018
BIMCO’s chief shipping analyst will be participating at the Container Trade Europe Conference on 18-20 September 2018 in Hamburg.
13 August 2018
This is an extract of a report supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. The full CSA report is also provided.
10 July 2018
2018 has been absolutely horrible for the crude oil tankers with freight rates and the fleet utilisation rate falling to a record low level.
11 June 2018
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30 May 2018
GDP growth and high trade multipliers have benefitted the shipping industry through higher trade volumes, but this could be as good as it gets.
08 May 2018
When two of the world’s top trading partners, get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, we’d better prepare for what may come. While hoping that it will never take place.