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Nigerian piracy can be managed

19 June 2019

On 4 June BIMCO, together with ICS, IMCA, ITF and OCIMF, had arranged a symposium about piracy in the Gulf of Guinea. The symposium came to the conclusion that the Nigerian piracy problem occurs in a small area and can be solved if Nigeria wants it.

Secondhand crude tankers reach highest values in 15 years

19 April 2023

Secondhand crude tanker values for five-year-old ships hit bottom levels in late 2020 and have since increased by an average 67%. Over the past twelve eventful months values have risen by 34%, reaching their highest level in 15 years.

Dry cargo market report dated 3 September 2021

06 September 2021

Supramax: A week of falls across most routes led to the BSI closing at 3,348, a drop of 122 week-on-week. With Hurricane IDA the US Gulf lost momentum as cargo supply eased, whilst from South America fresh enquiry was limited. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.