Coronavirus Comes at the Worst Time for Shipping
The outbreak of the coronavirus comes at one of the worst time for the shipping industry.
read more →Sand: When China Sneezes, We All Catch the Flu
The outbreak of the novel coronavirus has dented market sentiment.
read more →China’s Oil Thirst Drives Brazilian Exports to All-Time High
Brazilian crude oil exports hit a record high in December 2019 as China continues to turn to Brazil.
read more →US-China Deal: What Will It Mean for Tanker Shipping?
Sand: The deal will deliver both trade creation and trade diversion.
read more →BIMCO Names New Secretary General & CEO
BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020.
read more →What Does 2020 Have in Store for Shipping?
Sand: One of the most worrying trends that has developed recently is the falling trade-to-GDP ratio.
read more →Market Uncertainty Causes More Fuel Oil Price Volatility
The uncertainty of the upcoming IMO 2020 sulphur cap regulation is having a big impact on the bunker market.
read more →Tanker Deliveries Rise as Demolitions Drop to Decade-Lows
Delivered tonnage of crude oil tankers grew by 37%, while total demolitions dropped to the lowest in a decade.
read more →Shipping Industry Dented by Soybean Trade Developments
Combined soybean exports from Brazil and the U.S. are down 7.8% in the first eight months of this year.
read more →BIMCO Proposes New Regulations in Fight Against Emissions
The proposed solution is more “enforceable” than slow steaming.
read more →Record High Seaborne US Crude Oil Exports in June 2019
Total seaborne U.S. crude oil exports increase to a record high at 11.9 million tonnes in June 2019.
read more →BIMCO: Tanker Freight Rates Surge after Hormuz Attacks
Crude oil tanker freight rates from the Arabian Gulf to China doubled on the back of the recent tanker attacks.
read more →BIMCO, ASBA to Form Gas Tanker Charter Party
BIMCO, ASBA to develop a charter party for chartering tankers for LPG, anhydrous ammonia and chemical gases.
read more →BIMCO Elects Its First Female President
BIMCO elected Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, as new President on May 14.
read more →Rising Capesize Deliveries Imperil Fragile Market Balance
Despite increase in demolition volumes, the market for large dry bulk ships is likely to face continued pressure.
read more →Capesize Ships in Pain as Chinese Iron Ore Imports Drop
BIMCO: Dry bulk shipping industry is feeling the impact of a continuing decrease in Chinese iron ore imports.
read more →BIMCO: US Seaborne Crude Oil Exports at Record High
BIMCO: US exports of crude oil reached record high in January, as tonne mile demand dropped.
read more →BIMCO: EU Ship Recycling Rules Disadvantage European Owners
Only 9 out of 26 shipyards on the EU list of approved recycling facilities are open for ship recycling, BIMCO said.
read more →Not Recovering IMO 2020 Costs May Lead to Bankruptcies
A failure to recover the extra fuel costs in full may result in bankruptcies in the container shipping.
read more →BIMCO Calls for IMO GHG Study Based on Realistic GDP Growth
BIMCO called for the 4th IMO Greenhouse Gas Study based on realistic economic growth.
read more →BIMCO: Poland’s Szczecin Best Performing Port
The best performing port in BIMCO’s Dry Bulk Terminals Vetting Report 2018 is Szczecin in Poland.
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