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Tag: BIMCO

Does slight decline in US retail sales spell more trouble for box volumes?

“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-Covid...

Chinese export container rates drop despite normal CNY cargo rush

An unusual drop in prices was observed in Chinese container exports, according to chief shipping analyst at BIMCO, Niels Rasmussen, who noted that box...

BIMCO continues to seek feedback on CII clause

BIMCO published the Carbon Intensity Indicator (CII) Operations Clause for Time Charter Parties on 16 November 2022, after the clause was adopted by the...

Global container volumes start falling as historic growth cycle ends: BIMCO

Global container volumes seem to decline in recent months as the historic growth cycle comes to an end, according to BIMCO. From mid-2020, global container...

Demolition prices slip to US$525 per LDT in India: BIMCO

According to a shipping analysis from BIMCO, conducted by Filipe Gouveia, demolition prices slip to US$525 per Light Displacement Tonnage (LDT) in India despite...

BIMCO joins Blue Visby Consortium

BIMCO is now part of the Blue Visby Consortium to support research into practical solutions that are expected to help reduce the shipping industry's...

BIMCO appoints Gudrun Janssens to head new Brussels office

BIMCO, one of the largest international shipping associations representing shipowners, has hired Gudrun Janssens as manager of intergovernmental engagement in its new office in...

BIMCO confirms need for non-European Union ship recycling yards on EU list

Although more and more yards are being added to the European Union (EU) list of approved ship recycling facilities, the demands of the global...

IBIA and BIMCO launch survey to identify need for bunker licencing

The International Bunker Industry Association (IBIA), with the support of the Baltic and International Maritime Council (BIMCO), is launching an extensive online survey to...

DCSA, BIMCO, FIATA, ICC and SWIFT join forces to accelerate international trade digitalisation

Digital Container Shipping Association (DCSA), Baltic and International Maritime Council (BIMCO), International Federation of Freight Forwarders Associations (FIATA), the International Chamber of Commerce (ICC),...
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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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