The container shipping market is currently navigating through a period of surplus capacity, particularly in the larger vessel segments.
The BIMCO 2023 report highlights that...
Driven by healthy demand, the dry bulk market was strong throughout most of the first three quarters of 2024.
However, in recent months, weaker Chinese...
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of vessels.
The alliance is expected to help facilitate the...
BIMCO’s Documentary Committee has recently approved the AUTOSHIPMAN agreement to support the increasing number of remotely controlled vessels.
The AUTOSHIPMAN deal establishes a standardized contractual...
BIMCO and the International Chamber of Shipping (ICS) have developed a guide aiming to help the shipping industry understand and reduce underwater radiated noise...
Ukraine’s maritime trade has been profoundly affected by the Russian invasion, transitioning from a competitive regional player to one facing near-total disruption of its...
The Port of New Orleans (Port NOLA) was awarded US$1 million from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability...
Following the United States blacklisting of Chinese shipping giant COSCO, the owner and operator of the port of Piraeus, the operations at the major...
Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February.
This...
In December, NYK jointly established Japan Offshore Support (JOS) together with Akita Eisen KK to provide ship maintenance and management services for offshore wind...