Saturday, July 26, 2025
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BIMCO adopts new clause in response to U.S. tariff measures

BIMCO has introduced a new standard contract clause aimed at tackling the uncertainty caused by recent U.S. trade actions. The clause was developed quickly after...

BIMCO Shipping Number of the Week: Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns

“In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing concerns over...

Shipping industry calls for action after deadly Red Sea attacks

Leading global shipping associations have issued a joint statement condemning the recent attacks on merchant vessels in the Red Sea, which have resulted in...

BIMCO Shipping Number of the Week: China drives 6% drop in global coal shipments

“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China...

BIMCO Shipping Number of the week: US grain shipments jump 9% despite Chinese tariffs

“During the first half of 2025, US seaborne grain shipments increased 9% y/y, driven by stronger maize exports. While an increase in import tariffs...

Stable demand outlook despite US trade policies: BIMCO’s Container Shipping Market Overview & Outlook June 2025

“We forecast a stable demand outlook for the container shipping sector in line with our previous report despite the uncertainties introduced by new US...

BIMCO Shipping Number of the Week: Ship recycling could double to 16,000 ships over the next 10 years

“As the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (Hong Kong Convention) enters into force we have updated...

BIMCO develops standard clause addressing USTR uncertainties

BIMCO, the world’s largest shipping association, has initiated the development of a standard industry clause to address contractual uncertainties arising from the United States...

Shipping in 2025: Safer Waters, Riskier World

The global shipping industry faces a striking paradox in recent months: even as it reports record-low vessel losses, it sails through one of the...

Dry bulk ship recycling falls to 17-year low

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, looks at the recycling of dry bulk ships, which...
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Hamburg fleet advances toward climate neutrality

Hamburg Fleet reinforces its role as an innovation driver in low-emission shipping through a consistent and forward-looking environmental strategy. At the heart of this approach...

X-Press Feeders hit with US$1 billion damages for X-Press Pearl disaster

Sri Lanka’s courts have ordered X-Press Feeders to pay US$1 billion in compensation for the environmental damage resulting from the X-Press Pearl fire off...

Port of Gdańsk sustains strong performance in first half of 2025

The Port of Gdańsk closed the first half of 2025 with robust operational and financial results, reinforcing its position as a key logistics hub...

Port of Great Yarmouth announces expansion

The Port of Great Yarmouth is moving forward with an expansion of its Southern Terminal at the Outer Harbour, responding to rising demand from...
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