Shipping’s Decarbonization Will Need Major R&D Investment

Collaboration and investment in technology development key for meeting IMO's targets

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.

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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.

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Boxship Ordering Lull Is Over

Containership owners have broken the ordering silence.

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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.

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BIMCO: Global Economic Growth Beneficial for Shipping

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

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Pressure in Tanker Shipping Market Extends into 2018

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

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BIMCO Lists Three Best Performing Bulk Terminals

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

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It All Boils Down to China

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

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BIMCO: Shipping Needs to Stay Cautious in 2018

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

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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.

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BIMCO, CIRM Propose Software Maintenance Standard

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

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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.

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Environmental Legislation Key Priority for BIMCO

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

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Container Shipping Facing Choppy Waters

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

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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