2018 a Loss-Making Year for Crude Oil Tankers

Peter Sand

BIMCO's Chief Analyst reveals what lies ahead for tanker, dry bulk markets.

5 Most Exciting Things to Watch Out for in Shipping Industry


Industry representatives share their views on the most exciting things in the industry at the moment.

read more →

Large Crude Tankers Hit the Hardest by Perfect Storm


Large crude carriers have been hit the hardest by the perfect storm in the tanker shipping sector.

read more →

US Sanctions on Iran Bringing More Uncertainty for Tankers


New sanctions against Iran by the U.S. create an unnecessary extra uncertainty for the tanker market.

read more →

Trade War Would Hurt the Fronthaul Transpacific Leg


BIMCO: A trade war would see container shipping industry's volumes drop on the China into the US transpacific voyage.

read more →

BIMCO: Trade War Would Harm Global Shipping

BIMCO: More trade-restrictive measures are a worrying trend that limits demand for shipping globally.

read more →

Port Houston Concerned about Proposed Steel Tariffs

Port Houston worried that the proposed tariff on steel cargo could decrease cargo volumes.

read more →

US Seaborne Exports of Oil Products at All-Time High

After a seasonal surge in December, US seaborne export of oil products reached the highest annual level ever.

read more →

BIMCO: Around 40 Boxship Giants Set for Delivery in 2018

BIMCO: Around 40 ultra large container vessels are expected to join the fleet in 2018.

read more →

Boxship Ordering Lull Is Over

Containership owners have broken the ordering silence.

read more →

BIMCO: 2018 Is the Year of Opportunity for Dry Bulk Shipping

The dry bulk shipping industry should be facing another year of improvement to the fundamental balance.

read more →

BIMCO: Global Economic Growth Beneficial for Shipping

If it materializes, global economic growth in 2018 and 2019 will be highly beneficial for container shipping.

read more →

Pressure in Tanker Shipping Market Extends into 2018

Tanker shipping markets are under massive pressure from low demand growth, according to BIMCO.

read more →

BIMCO Lists Three Best Performing Bulk Terminals

BIMCO: Top three performing bulk terminals are Santander and Bilbao in Spain and Quebec in Canada.

read more →

It All Boils Down to China

Chinese seaborne imports of iron ore and crude oil have reached the highest levels ever recorded in 2017.

read more →

BIMCO: Shipping Needs to Stay Cautious in 2018

BIMCO urges shipping to remain cautious in 2018 to maintain the progress achieved in 2017.

read more →

BIMCO: Dry Bulk Demand to Outstrip Supply in 2018

BIMCO expects the global demand growth in the dry bulk sector to outstrip supply growth in 2018.

read more →

BIMCO, CIRM Propose Software Maintenance Standard

BIMCO and CIRM have sent the proposal for an industry-wide standard for software maintenance to the IMO.

read more →

Tanker Shipping Benefits from Rise in US Crude Oil Exports

US crude oil exports are now more important to shipping than US oil product exports.

read more →

Environmental Legislation Key Priority for BIMCO

Environmental legislation will be at the top of the agenda of Angus Frew, Secretary General & CEO of BIMCO.

read more →

Container Shipping Facing Choppy Waters

The container shipping industry will have to ride out a bumpy period amid an anticipated seasonal decline in ...

read more →

Strong Demand in Oil Tanker Segment to Lift Rates

The loss making freight rate levels witnessed in the tanker market during October are expected to be somewhat ...

read more →