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Tags Baltic and International Maritime Council (BIMCO)

Tag: Baltic and International Maritime Council (BIMCO)

Global iron ore shipments drop amid supply disruptions

Global iron ore shipments have declined by 7% year-on-year during the first seven weeks of 2025, driven by supply disruptions and reduced Chinese import...

BIMCO introduces FuelEU Maritime Clause to support decarbonization compliance

Starting 1 January 2025, the FuelEU Maritime Regulation will take effect, prompting stakeholders in the shipping industry to begin preparations immediately. To assist with this...

India now depends on Russia for 40% of its crude oil imports

During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of...

Panama Canal restrictions drive 31% increase in dry bulk sailing distances

In this week's “Shipping Number of the Week” from BIMCO, Shipping Analyst Filipe Gouveia examines the substantial impact of limited daily transits in the...

IBIA and BIMCO launch decarbonization cooperation

International Bunker Industry Association (IBIA) and Baltic and International Maritime Council (BIMCO) have entered into a Memorandum of Understanding (MoU) to jointly tackle challenges...

Major shipping associations express concern about Houthi rebels’ first fatal vessel attack

Several associations of the shipping industry published a joint statement to express their deep concern over the tragic loss of life and injuries suffered...

BIMCO publishes ship financing forms for uninterrupted use of vessels

BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can...

BIMCO urges IMO to address contradictions in ship recycling conventions

BIMCO, one of the world's largest international shipping associations, in collaboration with Bangladesh, India, Norway, Pakistan, and the International Chamber of Shipping (ICS), has...

BIMCO appoints new deputy secretary general

Stinne Taiger Ivø, who currently serves as BIMCO’s director of Contracts and Support, is set to assume the role of deputy secretary general at...

BIMCO calls on vessel owners as Bangladesh and Liberia ratify HK Convention

The International Maritime Organization (IMO), Bangladesh, and Liberia have announced the ratification of the Hong Kong Convention by both nations. BIMCO believes the ratification marks...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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