16 August 2021
We have seen the first signs of cooling in the Indian sub-continent markets this week, as steel plate prices declined by about USD 30/LDT in Bangladesh.
The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
02 November 2020
02 November 2020
02 June 2020
Get the latest insight and interviews in the June edition of BIMCO’s Bulletin magazine.
09 April 2019
The Panama Canal Authority (ACP) issues "deck cooling during transit" requirement effectively immediately for all crude tankers, product carriers and chemical tankers carrying cargoes with flashpoints of less then 18 degrees C.
30 August 2018
The continued severity of the tanker market conditions has made owners dig deep into the oversupply of capacity. Still BIMCO expects the tanker fleet to keep growing. A short-term rate recovery is not expected, as it is ‘maintenance season’ for the global refining industry in September and October.
25 July 2017
The International Maritime Organization's Convention for the Control and Management of Ships' Ballast Water and Sediments (BWM) enters into force 8 September 2017. Under the Convention, all ships in international trade are required to manage their ballast water and sediments in accordance with an approved ship-specific ballast water management plan. All ships will also have to carry a ballast water record book and an international ballast water management certificate.
05 July 2017
This is the latest in a series of reports 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. BIMCO highlights only the relevant developments that would impact members. The full CSA June report is also provided.
17 October 2016
LNGVOY is a voyage charter party for the carriage of liquefied natural gas. Copyright in this document is held jointly by BIMCO and GIIGNL (International Group of Liquefied Natural Gas Importers).
The latest edition of this contract is LNGVOY, issued in 2016.
04 January 2016
2015 never really took off, even though the global economic activity looked stronger earlier in the year. The negative indicators seen at the end of 2014 were not overcome, and we saw a significantly lower level of growth for global GDP in 2015 than in the previous five years. This was primarily due to the struggling emerging markets and developing economies, led by changes in China’s economic focus.