Archive for the ‘BIMCO’ Category

Tripartite Forum: Shipping Industry meets in Tokyo

Tripartite Forum: Shipping Industry meets in Tokyo
From the Tripartite 2019 – pic credits MND Tripartite Forum: Shipping Industry meets in Tokyo Over 90 representatives from ship builders, ship owners and classification societies met in Tokyo on the 17th and 18th October at the 2019 Tripartite Forum. This year, the participants acknowledged that...
November 11th, 2019 | Associations, BIMCO, Conferences, Seminars, Forums, IACS, Intercargo, International Chamber of Shipping, Intertanko | Read More

Fuel spread (MGO – HSFO) now available for 32 ports on BIMCO website

Fuel spread (MGO – HSFO) now available for 32 ports on BIMCO website
Peter Sand Fuel spread now available for 32 ports on BIMCO website BIMCO members can now monitor the price spread between Marine Gas Oil Low Sulphur and 380 centistoke High Sulphur Fuel Oil in 32 different ports around the world with daily information supplied by MABUX. The service is intended to assist...
November 7th, 2019 | Associations, BIMCO, Bunkering, Ports & Terminals | Read More

IMarEST chairman presents Thordon founder with Engineering’s highest accolade

IMarEST chairman presents Thordon founder with Engineering’s highest accolade
George A. (Sandy) Thomson, 2019 Elmer A. Sperry Award Winner IMarEST chairman presents Thordon founder with Engineering’s highest accolade  On 31st October 2019, George A. (Sandy) Thomson, the founder of Thordon Bearings and a pioneer in the development of advanced polymer materials, was presented...
November 1st, 2019 | Associations, Awards, BIMCO, Events, Marine Equipment Products and Services, Person Profiles | Read More

BIMCOs Sand to offer shipping market insight in Hong Kong during Maritime Week (17-23 Nov)

BIMCOs Sand to offer shipping market insight in Hong Kong during Maritime Week (17-23 Nov)
Peter Sand BIMCOs Sand to offer shipping market insight in Hong Kong during Maritime Week (17-23 Nov) BIMCO to present shipping market insights in Hong Kong BIMCO will offer market insights at the inaugural Capital Link Hong Kong Maritime forum and at the Asian Logistics and Maritime conference. Chief...
October 31st, 2019 | Associations, BIMCO, Markets | Read More

BIMCO: Tanker deliveries are soaring as demolitions hit decade-lows

BIMCO: Tanker deliveries are soaring as demolitions hit decade-lows
Peter Sand BIMCO: Tanker deliveries are soaring as demolitions hit decade-lows Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before. Full story here, including all graphics: https://www.bimco.org/news/market_analysis/2019/20191016_tanker_deliveries_are_soaring Tanker...
October 19th, 2019 | Associations, BIMCO, Markets, Reports, Ship Demolitions, Shipbuilding and Shipyards, Tankers | Read More

Dry and Wet Markets in the red amid perplexed Geopolitics…

Dry and Wet Markets in the red amid perplexed Geopolitics…
John Faraclas Dry and Wet Markets in the red amid perplexed Geopolitics… The BDI (Baltic Dry Index) lost eight points since yesterday and now stands at 1,855 points; on a weekly basis the losses were 69 points – from 1,924 (11/10). The Wets losses were substantial. As for the Geopolitics: couldn’t...
October 18th, 2019 | Associations, BIMCO, Civil Unrest, Conferences, Seminars, Forums, Emissions, Energy, Environment, Events, IACS, Intercargo, International Chamber of Shipping, Intertanko, Markets, Military, News, Oceanology, Oil Spill, Pollution, Reports, Shipping Indices, Tankers, Trade and Commerce | Read More

BIMCO’s Peter Sand to offer container market insight in Athens

BIMCO’s Peter Sand to offer container market insight in Athens
Peter Sand BIMCO’s Peter Sand to offer container market insight in Athens BIMCO’s Chief Shipping Analyst, Peter Sand, will be speaking and providing the audience with unique insights on the container market at the European Shipping Seminar on 27 November 2019 in Athens, Greece. The European Shipping...
October 16th, 2019 | BIMCO, Containers, Events, Conferences,Forums and Symposiums, Markets | Read More

BIMCO launches interactive graphs showing bunker fuel spreads

BIMCO launches interactive graphs showing bunker fuel spreads
Peter Sand BIMCO launches interactive graphs showing bunker fuel spreads BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members here. The new interactive graphs allow price fluctuations in the major bunkering hubs of Singapore...
October 10th, 2019 | BIMCO, Bunkering, Shipmanagement | Read More

Shipping industry more hurt by developments in soya bean trades this year than last

Shipping industry more hurt by developments in soya bean trades this year than last
Peter Sand Shipping industry more hurt by developments in soya bean trades this year than last Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya bean export season disappointed. The fall in volumes from the two countries...
October 9th, 2019 | BIMCO, Markets | Read More

Meet BIMCO’s Chief Shipping Analyst at the Argus Fuel Oil Summit 2019 in Miami, Florida, US; 20-22 October 2019

Meet BIMCO’s Chief Shipping Analyst at the Argus Fuel Oil Summit 2019 in Miami, Florida, US; 20-22 October 2019
Peter Sand Meet BIMCO’s Chief Shipping Analyst at the Argus Fuel Oil Summit 2019 in Miami, Florida, US Join Peter Sand at the Argus Fuel Oil Summit in Miami, Florida, US. The Chief Shipping Analyst will be participating in the panel discussion: 2020 is rapidly approaching – are shipowners prepared? The...
September 25th, 2019 | BIMCO, Conferences, Seminars, Forums, Interviews | Read More

BIMCO Dry Bulk Shipping 2019/3 report: Rates may have climbed out of the abyss, but challenges remain in place for the autumn

BIMCO Dry Bulk Shipping 2019/3 report: Rates may have climbed out of the abyss, but challenges remain in place for the autumn
Peter Sand Dry Bulk Shipping Rates may have climbed out of the abyss, but challenges remain in place for the autumn Demand drivers and freight rates Earnings for Capesize vessels have continued their rollercoaster ride, reaching their highest level since the end of 2013, at USD 36,101 per day on 2 September...
September 18th, 2019 | BIMCO, Dry Bulkcarriers, Insight, Markets | Read More

BIMCO Tanker Shipping 2019/3 report: A boost from the 2020 sulphur cap will not make up for a fast-growing flee

BIMCO Tanker Shipping 2019/3 report: A boost from the 2020 sulphur cap will not make up for a fast-growing flee
Peter Sand BIMCO Tanker Shipping 2019/3 report: A boost from the 2020 sulphur cap will not make up for a fast-growing flee Tanker Shipping A boost from the 2020 sulphur cap will not make up for a fast-growing fleet Demand drivers and freight rates Rising geo-political tensions have led to disruptions...
September 17th, 2019 | BIMCO, Emissions, Environment, Pollution, Reports, Tankers | Read More

BIMCO Shipping Market Outlook: Container shipping sector and Macroeconomics September 2019

BIMCO Shipping Market Outlook: Container shipping sector and Macroeconomics September 2019
Peter Sand BIMCO Shipping Market Outlook: Container shipping sector and Macroeconomics September 2019 MACROECONOMICS Low growth persists amid trade tensions and a slowdown in global manufacturing Global economic growth continues to slow with recession warnings sounding in many corners of the world, none...
September 16th, 2019 | BIMCO, Container shipping, Markets, Reports | Read More

BIMCO: Record high seaborne US crude oil exports in June 2019 benefits oil tankers

BIMCO: Record high seaborne US crude oil exports in June 2019 benefits oil tankers
Peter Sand BIMCO: Record high seaborne US crude oil exports in June 2019 The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the...
August 27th, 2019 | BIMCO, Markets, News, Tankers | Read More

US soya bean exports, up or down?

US soya bean exports, up or down?
Peter Sand US soya bean exports, up or down? The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018,...
August 14th, 2019 | BIMCO, Chartering, Dry Bulkcarriers, Fixtures, Markets, News, Trade and Commerce | Read More

Tonne miles from US crude oil exports drop dramatically in April

Tonne miles from US crude oil exports drop dramatically in April
Peter Sand Tonne miles from US crude oil exports drop dramatically in April April was a disappointing month for the crude oil shipping industry with a dramatic fall in US crude oil exports which caused tonne mile demand to fall disproportionally. This was because exports to Asia dropped to 3.7 million...
June 27th, 2019 | BIMCO, Oil Industry, Reports, Trade and Commerce | Read More

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks

BIMCO: Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks
Peter Sand Crude oil tanker freight rates from the Arabian Gulf to China doubles on the back of tanker attacks VLCC spot freight rates between the Arabian Gulf and China rose 101% in the days between 13 June 2019 and 20 June 2019, in the aftermath of attacks on two tankers in the Strait of Hormuz. Spot...
June 21st, 2019 | BIMCO, Canals, Military, News, Piracy and Terrorism, Tankers, Trade and Commerce | Read More

BIMCO urges nations to co-operate after new Hormuz attacks

BIMCO urges nations to co-operate after new Hormuz attacks
Angus Frew BIMCO urges nations to co-operate after new Hormuz attacks BIMCO is urging nations to defuse tension and work together through diplomatic efforts following new attacks on two tankers at the Strait of Hormuz on 13 June. The attacks occurred just east of the Strait of Hormuz, involving a Marshall...
June 13th, 2019 | BIMCO, Piracy and Terrorism, Safety and Security | Read More

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.

BIMCO Shipping Market Reports JUNE 2019 – part 2/2.
Peter Sand Oil tanker shipping and container shipping. Waiting for 2020 / Global demand growth in TEU is weak, but very unevenly distributed. Tanker shipping: While we wait for 2020 to kick in, it’s all about politics The tanker market is – even more so than before – all about geopolitics. Iran,...
June 12th, 2019 | BIMCO, Reports, Tankers | Read More

BIMCO Shipping Market Reports JUNE 2019 – part 1.

BIMCO Shipping Market Reports JUNE 2019 – part 1.
Peter Sand BIMCO Shipping Market Reports JUNE 2019 – part 1. Macroeconomics and dry bulk shipping. Trade tensions and slowing demand growth affects dry bulk shipping Macroeconomics: slower growth from unresolved trade tensions harms global trade volumes The slowing growth in advanced economies...
June 11th, 2019 | BIMCO, Reports | Read More

HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract

HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract
Paul Dean HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract Global, sector-focused law firm HFW has helped shipping association BIMCO draft an industry standard offshore decommissioning contact. The contract – DISMANTLECON – has been approved by BIMCO’s Documentary...
May 20th, 2019 | BIMCO, Energy, Legal, Oil Platforms and Rigs | Read More

The BDI@1,043 whilst awaiting …Armageddon

The BDI@1,043 whilst awaiting …Armageddon
John Faraclas The BDI@1,043 whilst awaiting …Armageddon The BDI (Baltic Dry Index) continued its upwards mode and now reads 1,043 – plus 17 points since yesterday. The Geopolitics getting sour and BIMCO makes a splash at the Yacht Club of Greece. John Faraclas’ daily market brief recap: The Capes’...
May 14th, 2019 | Associations, BIMCO, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, News, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Capes’ Market mirage amid growing Geopolitical mess

Capes’ Market mirage amid growing Geopolitical mess
John Faraclas Capes’ Market mirage amid growing Geopolitical mess The BDI (Baltic Dry Index) was up 20 points at 1,031 “thanks” to the unprecedented Capes’ surge. The Geopolitical situation contains to many dangerous issue which will soon prove detrimental for all; John Faraclas’ May Day Mayday...
May 1st, 2019 | BIMCO, Chartering, Dry Bulkcarriers, International Chamber of Shipping, Markets, Military, News, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce, WISTA - Women in Shipping | Read More

Rising deliveries of Capesize ships pose a threat to the already fragile market balance

Rising deliveries of Capesize ships pose a threat to the already fragile market balance
Peter Sand Rising deliveries of Capesize ships pose a threat to the already fragile market balance Demolition of dry bulk ships in the first four months of 2019 was 120% higher than in the same period of 2018. Much of this increase comes from demolitions of Capesize ships, up from 1.1m DWT between January...
May 1st, 2019 | BIMCO, Dry Bulkcarriers, Markets, Reports | Read More

Meet BIMCO’s Chief Shipping Analyst in Rotterdam, the Netherlands

Meet BIMCO’s Chief Shipping Analyst in Rotterdam, the Netherlands
Peter Sand Meet BIMCO’s Chief Shipping Analyst in Rotterdam, the Netherlands BIMCO’s Chief Shipping Analyst will be participating at the TOC Europe in Rotterdam on 18 June 2019. Peter Sand will discuss the outlook for the dry bulk market in 2019 and beyond. This session is part of the Bulk Exhibition...
April 24th, 2019 | Associations, BIMCO, Events, Conferences,Forums and Symposiums, Exhibitions | Read More