Southeast Asia warning
11 October 2017BIMCO has received the following warning for ships operating in Southeast Asia.
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BIMCO Search Results
Results for:Philippines
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Special Report on Abducting of Crew from Ships in the Sulu-Celebes Sea and Waters off Eastern Sabah
31 March 2017ReCAAP has produced the following summary of recent incidents in the Sulu and Celebes Sea.
IMO pave the way for future autonomous shipping
15 May 2018For the first time, IMO will discuss the maritime autonomous ships. The use of autonomous ships – or so-called unmanned ships - will create the need for a regulatory framework for such ships and their interaction and co-existence with manned ships.
Understanding liquefaction and the associated risks
20 October 2020BIMCO attended a very useful webinar on understanding liquefaction risks associated with the carriage of Group A cargoes in the International Maritime Solid Bulk Cargoes (IMSBC) Code. Members are encouraged to view this webinar for a better understanding of the problems that can occur with Group A cargoes.
Dry Bulk Shipping - A reduced orderbook is improving slightly on a difficult situation
12 December 2014Rates have struggled all year to beat last years’ performance, and failed miserably to do so beyond Q1, with the exception of Capesizes that managed to deliver stronger freight rates in Q2 also.
Dry Bulk Shipping - Reality bites as 2014 dawns, but the demand base is stronger than ever
12 February 2014The arrival of January also meant that Capesize freight rates once again touched the ground following three extraordinary months of flying high. Q4-2013 represents the strongest quarter in demand ever, and the seasonal weakness of Q1 simply had to affect the level of freight rates negatively.
Chinese crude oil demand needs 45 additional VLCC’s to support growth
31 October 2017In 2019, global oil demand is forecast to pass the symbolic 100 million barrels per day threshold (International Energy Agency). Developing countries account for almost all of the growth and Asia dominate. BIMCO stated in its forecast for 2017, that the tanker demand growth for 2017 is expected to come predominantly from the greater Asia region, led by China. China has met expectations by ramping up its import of seaborne crude oil by 13% for the first nine months of 2017 compared to the same period last year. As China is importing crude oil from further afield in 2017 than in 2016, the tonne miles generated has surged 18%.
Tanker shipping: Q4 only delivers temporary upside as overcapacity remains an issue
06 November 2017This is the highest global oil demand ever but it's also a large and growing fleet. What the tanker market needs most right now is more tankers engaged in floating storage facility.
