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Tag: BIMCO

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BIMCO updates War Risk Clauses

Container News Team - April 10, 2025 0

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...

Industry Opinions

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

Container News Team - April 2, 2025 0

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

CN Premium Articles

US Policy Shift Fuel Uncertainty: BIMCO Report and Future Scenarios

Alexandros Itimoudis - March 28, 2025 0

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...

Industry Opinions

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

Ioanna Kontos - March 20, 2025 0

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...

News

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

Antonis Karamalegkos - March 19, 2025 0

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

Industry Opinions

Bulker newbuilding contracting plunges 92% to lowest level in decades

Ioanna Kontos - March 13, 2025 0

"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...

Industry Opinions

Canada’s growth in crude tanker exports nears 60%

Ioanna Kontos - March 5, 2025 0

"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...

Industry Opinions

Ukraine’s dry bulk shipments take 87% leap three years after Russia’s invasion

Ioanna Kontos - February 24, 2025 0

“Three years after Russia’s invasion of Ukraine, the volume of dry bulk shipments from the two countries combined is 6% below pre-war levels. However,...

Industry Opinions

BIMCO: Increase in regional container trade imbalances

Container News Team - February 11, 2025 0

Since 2019, the global container market has grown 8%, ending at 183.2 million TEUs in 2024, according to Container Trade Statistics. This growth, however, has...

Industry Opinions

Transits through Panama Canal down 10%: BIMCO

Ioanna Kontos - February 6, 2025 0

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, examines Panama Canal transits which have declined in recent...

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