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Friday, June 13, 2025
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Tag: BIMCO

Shipping gears up to meet 5-10% low carbon fuel target, but will fuels be available?

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, explores the percentage of the fleet currently prepared for...

BIMCO calls for immediate end to attacks on international shipping

BIMCO believes nation states must collaborate to remove the current threat to international shipping and, if necessary, neutralise the threat by military means within...

Container freight rates fall to 2019 levels while costs remain high

Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with...

BIMCO: Coal shipments to advanced economies down 17% so far in 2023

"In the first ten months of 2023, coal shipments to advanced economies fell by 17% year on year, as demand for electricity declined and...

Greeks and Chinese dominate global fleet market

"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned...

Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise

"Between January and October, dry bulk exports out of the Black Sea increased by 13% year on year, driven by Russian wheat exports. After...

Container ships reach highest average age on record of 14.2 years

"Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry...

Capesize order book slips to 5% of fleet as contracting falls

"At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of...

BIMCO adopts new CII clause for voyage charter parties

The shipping sector is facing a rise in new rules from the International Maritime Organization (IMO) and the European Union (EU), as well as...

US dirty tanker export demand jumps 33% year-on-year

"During the first eight months of 2023, US dirty tanker export demand increased 33% year-on-year while the global dirty tanker exports increased only 5%....
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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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