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Tag: BIMCO

Industry Opinions

Demand shocks drive ship recycling to lowest level in 20 years

Ioanna Kontos - April 4, 2024 0

Over the past eight quarters, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of...

Industry Opinions

BIMCO analysis: 13% of world seaborne trade under attack from Houthis and Somali pirates

Ioanna Kontos - March 19, 2024 0

"Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting global trade. In...

Industry Opinions

Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace

Ioanna Kontos - March 6, 2024 0

“In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m DWT, a 490% leap y/y, due to a rise...

Industry Opinions

Cargo volumes in Red Sea drop significantly due to vessel attacks

Ioanna Kontos - February 28, 2024 0

"During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y....

Industry Opinions

Container market grows marginally in 2023 as the fleet swells

Ioanna Kontos - February 7, 2024 0

In this week’s "Shipping Number of the Week" from BIMCO, Chief Shipping Analyst, Niels Rasmussen, examines the state of the container market in 2023...

Industry Opinions

BIMCO: Record deliveries could push container fleet above 30 million TEUs in 2024

Container News Team - January 10, 2024 0

"In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEUs, beating the previous record from 2015 when 1.7...

Industry Opinions

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

Container News Team - December 22, 2023 0

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...

News

BIMCO calls for immediate end to attacks on international shipping

Container News Team - December 18, 2023 0

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

Industry Opinions

Container freight rates fall to 2019 levels while costs remain high

Ioanna Kontos - December 7, 2023 0

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...

Industry Opinions

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

Container News Team - November 23, 2023 0

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

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Tag: BIMCO

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