Archive for the ‘BIMCO’ Category

BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39)

BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39)
. BIMCO: Phase one deal will deliver both trade creation and trade diversion (CNBC 02:39) BIMCO: The “Phase one deal” delivers a mixed bag for the global shipping industry. But overall positive to see the first non-escalation of the trade war. Oil tankers are likely to benefit, dry bulkers...
January 17th, 2020 | BIMCO, Chartering, Dry Bulkcarriers, Markets, Tankers, Trade and Commerce | Read More

BIMCO appoints David Loosley as Secretary General & CEO

BIMCO appoints David Loosley as Secretary General & CEO
David Loosley BIMCO appoints David Loosley as Secretary General & CEO BIMCO is pleased to announce that following a thorough executive search, it has appointed David Loosley as its new Secretary General & CEO with effect from June 2020. Mr Loosley joins from the Institute of Marine Engineering...
January 13th, 2020 | BIMCO, Company Profiles, IMarEST, Person Profiles | Read More

Strong container spot rates up at USD 1,124 due to seasonality – not IMO2020

Strong container spot rates up at USD 1,124 due to seasonality – not IMO2020
Strong container spot rates up at USD 1,124 due to seasonality – not IMO2020 The Shanghai Containerized Freight Index (SCFI) spot rate for transporting one TEU from Shanghai to Europe was up 41% to USD 1,124 per container on 3 January 2020 – its highest level since December 2016 – from...
January 9th, 2020 | BIMCO, Container shipping | Read More

Low sulphur fuel prices rise USD 165 per MT through December in Singapore

Low sulphur fuel prices rise USD 165 per MT through December in Singapore
Low sulphur fuel prices rise USD 165 per MT through December in Singapore Very-Low Sulphur Fuel Oil (VLSFO) prices have risen to USD 710 per metric tonne in Singapore on 2 January 2020, a price increase of 30%, when compared to 2 December 2019. The newly implemented IMO2020 Sulphur Cap marks a milestone...
January 3rd, 2020 | BIMCO, Bunkering, Emissions, Energy, Ports & Terminals | Read More

BIMCO’s Peter Sand to share market insights in Málaga, Spain and Amsterdam, Netherlands.

BIMCO’s Peter Sand to share market insights in Málaga, Spain and Amsterdam, Netherlands.
Peter Sand BIMCO’s Peter Sand to share market insights in Málaga, Spain and Amsterdam, Netherlands. Join Peter Sand as he provides his latest dry bulk outlook at the INTERCEM Shipping Forum in Málaga, Spain on 21 January 2020. The Chief Shipping Analyst is also scheduled to speak at the Annual...
December 20th, 2019 | Associations, BIMCO, Conferences, Seminars, Forums, Markets | Read More

Shipping sector proposes USD 5 billion R&D board to cut emissions

Shipping sector proposes USD 5 billion R&D board to cut emissions
. Shipping sector proposes USD 5 billion R&D board to cut emissions Global shipping sector announces $5billion R&D fund to eliminate CO2 emissions • The international shipping community has today announced plans to form a new non-governmental Research & Development organisation to pave...
December 18th, 2019 | Alternative Sources of Energy, BIMCO, Emissions, Environment, Intercargo, International Chamber of Shipping, Intertanko | Read More

BIMCO agrees that climate ambitions will not be achieved by Europe acting alone

BIMCO agrees that climate ambitions will not be achieved by Europe acting alone
The BIMCO House BIMCO agrees that climate ambitions will not be achieved by Europe acting alone BIMCO welcomes the recognition of the European Commission (EC) that climate change is a global issue that requires mobilisation of partners internationally. In The European Green Deal, published on 11 December...
December 13th, 2019 | Associations, BIMCO, Climate, Environment, Markets, News, Statistics, Stock Markets | Read More

BIMCO Shipping number of the week: 0.0%, no change in US imports of steel goods from Brazil despite quota

BIMCO Shipping number of the week: 0.0%, no change in US imports of steel goods from Brazil despite quota
The BIMCO House 0.0%, no change in US imports of steel goods from Brazil despite quota In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed...
December 6th, 2019 | Associations, BIMCO, News, Trade and Commerce | Read More

Peter Sand to present BIMCO’s 2020 market outlook: JOC Webinar (5 Dec) and Lloyd’s List Forum (10 Dec)

Peter Sand to present BIMCO’s 2020 market outlook: JOC Webinar (5 Dec) and Lloyd’s List Forum (10 Dec)
Peter Sand Peter Sand to present BIMCO’s 2020 market outlook: JOC Webinar (5 Dec) and Lloyd’s List Forum (10 Dec) Peter Sand to present BIMCO’s 2020 market outlook 2020 marks a milestone for the shipping industry with the IMO 2020 Sulphur Cap set for implementation on 1 January 2020. Join BIMCO’s...
December 4th, 2019 | BIMCO, Containers, Markets | Read More

Shipping number of the week: Most VLCCs delivered in 40 years

Shipping number of the week: Most VLCCs delivered in 40 years
The BIMCO House Shipping number of the week: Most VLCCs delivered in 40 years The Very Large Crude Carrier (VLCC) fleet has grown at a staggering rate of 8% year to date in November. The 65 VLCCs delivered in the first 11 months of 2019 will mark the highest number of deliveries since 1976. A total of...
November 29th, 2019 | Associations, BIMCO, Markets, Reports, Tankers | Read More

BIMCO December Market Outlook: Container Shipping 28 Nov 2019

BIMCO December Market Outlook: Container Shipping 28 Nov 2019
Peter Sand BIMCO December Market Outlook: Container Shipping 28 Nov 2019 Container Shipping Pressure remains despite some of the trade war damage being offset by a reshuffling of manufacturing in Asia With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked...
November 28th, 2019 | Associations, BIMCO, Container shipping, Containers, Markets, Reports | Read More

BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019

BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019
Peter Sand BIMCO December Market Outlook: Tanker shipping and Macroeconomics 25 Nov. 2019 MACROECONOMICS World growth and trade volumes under pressure, but still positive A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of...
November 25th, 2019 | BIMCO, Chartering, Markets, Oil Industry, Statistics, Stock Markets, Tankers | Read More

Shipping number of the week: Chinese steel production declines for the first time in 21 months

Shipping number of the week: Chinese steel production declines for the first time in 21 months
The BIMCO House Shipping number of the week: Chinese steel production declines for the first time in 21 months Chinese steel production dropped by one million (1m) tonnes, a decline of 1.2%, compared to October last year. China produced 81m tonnes of crude steel in October 2019. This is the first decline...
November 21st, 2019 | BIMCO, Markets | Read More

Shipping number of the week: -3.7% laden container imports onto LA and Long Beach

Shipping number of the week: -3.7% laden container imports onto LA and Long Beach
Shipping number of the week: -3.7% laden container imports onto LA and Long Beach The two largest ports on the USWC have experienced a 3.7% drop in laden imports over the first ten months of the year, as the effects of the trade war set in. Exports have fallen even more and are down by 6.4%. Laden container...
November 14th, 2019 | Associations, BIMCO, Containers, Logistics, Ports & Terminals | Read More

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