Tuesday, July 1, 2025
Tags BIMCO

Tag: BIMCO

Greeks and Chinese dominate global fleet market

"The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships owned...

Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise

"Between January and October, dry bulk exports out of the Black Sea increased by 13% year on year, driven by Russian wheat exports. After...

Container ships reach highest average age on record of 14.2 years

"Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry...

Capesize order book slips to 5% of fleet as contracting falls

"At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of...

BIMCO adopts new CII clause for voyage charter parties

The shipping sector is facing a rise in new rules from the International Maritime Organization (IMO) and the European Union (EU), as well as...

US dirty tanker export demand jumps 33% year-on-year

"During the first eight months of 2023, US dirty tanker export demand increased 33% year-on-year while the global dirty tanker exports increased only 5%....

Record high ship deliveries boost container fleet capacity

“Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEUs in 2023,...

BIMCO applauds IMO strategy on GHG reductions from ships

International Maritime Organisation (IMO) has decided that by 2040, the world fleet must have reduced its total greenhouse gas (GHG) emissions by more than...

BIMCO elects new president

Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz, is the new president of BIMCO, elected at the organisation’s general meeting in Hong...

Container spot rates remain high despite weaker supply/demand balance

In this week’s “Shipping Number of the Week” from BIMCO, chief shipping analyst, Niels Rasmussen, looks at the fact that despite a 70-80% fall...
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MacGregor to supply automatic twistlocks for Hapag-Lloyd’s vessels

MacGregor has secured a significant order from Hapag-Lloyd for its fully automatic twistlocks, known as “Hippos,” which are engineered to boost container handling efficiency...

SINGAUTO to invest in logistics hub at KEZAD

Khalifa Economic Zones Abu Dhabi (KEZAD) Group has signed a 50-year land lease agreement with Singapore-based tech innovator SINGAUTO, marking the launch of a...

China’s Arctic ambitions are overhyped Harvard says: Potential Scenarios

A recent analysis by Harvard’s Belfer Center reveals that China’s Arctic presence is far less formidable than commonly portrayed, with inflated investment figures and...

Valenciaport joins Upcycling the Oceans, against marine debris

The Board of Directors of the Port Authority of Valencia has voted to enroll the ports of Valencia, Sagunto and Gandia in “Upcycling the...
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