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A new addition to the SUPPLYTIME 2017 annex library is underway: Dynamic Positioning Annex

25 January 2023

BIMCO has established a new subcommittee to develop a Dynamic Positioning (DP) Annex for the SUPPLYTIME 2017. The DP Annex is expected to be the next addition to the library of specialist pro-forma Annexes, which is being developed by BIMCO in collaboration with industry experts. It will provide a framework for the use of DP systems in the offshore and other relevant sectors.

Dry bulk fleet exceeds 800 mill DWT as supply surges

09 March 2017

The dry bulk fleet exceeded 800 mill DWT in January 2017, as the dry bulk fleet grew by 2.6% year on year. BIMCO’s Chief Shipping Analyst Peter Sand expects the dry bulk fleet to grow 1.6% for the full year in 2017, if the projected demolition activity of 19 mill DWT is realised. The declining growth rate from the panamax, supramax and handysize segments was absorbed by a growing capesize fleet; the total fleet growth was stable in 2016.

China breaks new ground... again

13 February 2018

Chinese seaborne imports of iron ore, coal and crude oil have all grown strongly throughout 2017. Both seaborne imports of crude oil and iron ore have reached the highest levels ever recorded, while coal reached the highest level in three years. Imports of crude oil and coal have benefitted the shipping industry to the greatest extent as both volumes and distances have increased.