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Saturday, May 17, 2025
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Brazilian grain shipments up 9% as China seeks US alternative

By Filibe Gouveia, Shipping Analysis Manager at BIMCO “Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing. As...

BIMCO’s Dry Bulk Market Report: US Tariffs Weaken Demand Outlook

BIMCO anticipates a weakening in the supply-demand balance of the dry bulk market through 2025 and 2026, driven in part by recent changes in...

Russian seaborne oil exports fall 6%, but remain largely unaffected by new sanctions

“During the first quarter of 2025, Russian oil exports have fallen 6% year-on-year. Clean tanker exports were down 13%, while dirty tanker exports fell...

BIMCO updates War Risk Clauses

The Documentary Committee of BIMCO has approved revisions to its War Risk Clauses to reflect changes in the geopolitical challenges facing the shipping industry. The...

Container rates plunge 28%: Worst first quarter in two decades

Average container freight rates for Chinese exports have dropped 28% since the start of the year, posting the worst first quarter development of the...

US Policy Shift Fuel Uncertainty: BIMCO Report and Future Scenarios

Since the start of President Trump's second term, U.S. policies have reshaped geopolitics, trade, and shipping, significantly increasing market uncertainties and impacting future supply...

Chinese coal imports expected to fall 15% to three-year low: BIMCO

During the first two months of 2025, thermal coal demand weakened due to a 6% y/y decrease in electricity generation from coal. Total electricity generation...

BIMCO: US port fees to hurt US trade more than curb China’s dominance

Charging fees on China-linked vessels calling at US ports will significantly increase the cost of seaborne transport to and from the United States –...

Bulker newbuilding contracting plunges 92% to lowest level in decades

"During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in...

Canada’s growth in crude tanker exports nears 60%

"Year-to-date, Canadian crude tanker exports have reached 618,000m barrels per day (kbpd) up from 388 kbpd during the same period last year, an increase...
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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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