Transformation of How Ports Operate Imminent

IBM expert discusses digitization of the maritime industry.

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 →

BIMCO: Dry Bulk Market’s Recovery Still Fragile

The return to permanent profitable freight rates in the dry bulk sector is still way off, however, there has been a ...

read more →

45 More VLCCs Needed to Back China's Crude Oil Demand Growth

Chinese crude oil demand needs 45 additional very large crude carriers (VLCCs) to support growth in imports of ...

read more →

Tanker Rate Hike from Hurricane Aftermath Short-Lived

The spike in freight rates for product tankers in the aftermath of the Hurricane Harvey is expected to be ...

read more →

Toxic Cocktail Could Disrupt Low Boxship Ordering

Hungry shipyards and shipping companies being eager to be top dog is a toxic cocktail which, combined with ...

read more →

Tanker Fleet's DWT Growth on Course for Six-Year High

Over the past four months owners have been busy ordering new tankers, keeping the crude oil tanker fleet expansion ...

read more →

Dry Bulk Order Book Hits 13-Year Low, but for How Long?

The current order book for bulk carriers stands at 60.4 million DWT, which is the lowest in 13 years, based on the ...

read more →

More US Coal Exports to Aid Dry Bulk Market

US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in ...

read more →

BIMCO, Shipdex Team Up on Data Digitalization

Shipowners association BIMCO and Shipdex have signed an agreement to support the development and exchange of ...

read more →

Maritime Industry Guidelines on Cyber Security Released

A joint maritime industry group comprised of industry bodies has issued the second edition of The Guidelines on ...

read more →

Demolition: Time to Take The Bitter Pill

Low freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated ...

read more →

BIMCO: Ordering Activity Ramps Up in H1

The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. A total of 5.9 ...

read more →