Archive for the ‘BIMCO’ Category

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket

BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket
Peter Sand BIMCO: As oil prices plummet, crude oil tanker time charter rates skyrocket Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war, the crude oil tanker spot freight rates, and time charter...
April 2nd, 2020 | BIMCO, Chartering, Oil Industry, Oil Platforms and Rigs, Reports, Tankers | Read More

BIMCO: Shipping number of the week…

BIMCO:  Shipping number of the week…
The BIMCO House BIMCO:  Shipping number of the week: China’s manufacturing PMI rises to 52 in March The Purchasing Managers’ Index (PMI), which reflects manufacturing activity, rose above the threshold level of 50 in March in China, indicating an improvement compared to February. The improvement...
April 1st, 2020 | Associations, BIMCO, Markets | Read More

Eurozone’s manufacturing PMI indicates drop to 92-month low in March

Eurozone’s manufacturing PMI indicates drop to 92-month low in March
Shipping number of the week: Eurozone’s manufacturing PMI indicates drop to 92-month low in March As countries world-wide implement far-reaching measures in an attempt to contain the coronavirus (COVID-19), the global economy is starting to slow down significantly. The crisis is prompting flashbacks...
March 25th, 2020 | BIMCO, Markets | Read More

US-China “Phase One” agreement fails to boost January volumes

US-China “Phase One” agreement fails to boost January volumes
Peter Sand US-China “Phase One” agreement fails to boost January volumes Even before the effects of the coronavirus, the ‘Phase One’ agreement between China and the US failed to boost volumes of the implicated goods in January. In fact, exports of the manufactured, agricultural and energy goods...
March 12th, 2020 | BIMCO, Markets | Read More

BIMCO: Capesize remains submerged in the depths of despair 2020-10March

BIMCO: Capesize remains submerged in the depths of despair 2020-10March
Peter Sand BIMCO: Capesize remains submerged in the depths of despair 2020-10March Full report attached, extracts only below. Capesize remains submerged in the depths of despair While the Capesize segment has been massively impacted by the coronavirus, the smaller dry bulk segments are starting to recover...
March 10th, 2020 | BIMCO, Dry Bulkcarriers, Markets, Reports | Read More

China’s PMI contracted to 35.7 index points in February – what does it mean for shipping?

China’s PMI contracted to 35.7 index points in February – what does it mean for shipping?
The BIMCO House Shipping number of the week: China’s PMI contracted to 35.7 index points in February – what does it mean for shipping? The latest PMI (Purchasing Manager’s Index) reading from the National Bureau of Statistics confirms what we all had expected: the coronavirus has dealt a merciless...
March 3rd, 2020 | Associations, BIMCO, Markets, Reports, Statistics, Trade and Commerce | Read More

Shipping number of the week – Brazilian iron ore exports drop 19% – a slow start to the year

Shipping number of the week – Brazilian iron ore exports drop 19% – a slow start to the year
Shipping number of the week – Brazilian iron ore exports drop 19% – a slow start to the year Brazilian iron ore exports had a slow start in January with exports totalling 26.7 million (m) tonnes, a 19% decline year-on-year. Two thirds of total exports, 18m tonnes, went to China. The coronavirus...
February 28th, 2020 | Associations, BIMCO, Dry Bulkcarriers, Markets, News, Reports | Read More

BIMCO Shipping Market Outlook Feb 2020: Dry Bulk and Container Shipping

BIMCO Shipping Market Outlook Feb 2020: Dry Bulk and Container Shipping
Peter Sand BIMCO Shipping Market Outlook Feb 2020: Dry Bulk and Container Shipping Today BIMCO publishes the 2nd half of the February Shipping Market Overview & Outlook 2020 with focus on Dry Bulk and Container Shipping The 1st half of the report went out yesterday with focus on Oil Tanker Shipping...
February 26th, 2020 | BIMCO, Chartering, Containers, Dry Bulkcarriers, Markets, Reports | Read More

BIMCO Shipping Market Outlook Feb 2020: Oil Tankers and Macroeconomics

BIMCO Shipping Market Outlook Feb 2020: Oil Tankers and Macroeconomics
Peter Sand BIMCO Shipping Market Outlook Feb 2020: Oil Tankers and Macroeconomics  Macroeconomics: clear risks to global growth in 2020 Across the world, there are signs that global trade tensions are easing: the US and China have signed “Phase One” of a trade agreement, which – importantly –...
February 25th, 2020 | BIMCO, Chartering, Energy, Fixtures, Insight, Markets, Oil Industry, Oil Platforms and Rigs, Reports, Tenders | Read More

Global shipping holds its breath as the coronavirus continues to spread

Global shipping holds its breath as the coronavirus continues to spread
Peter Sand Global shipping holds its breath as the coronavirus continues to spread The outbreak of the novel coronavirus, recently dubbed COVID-19, continues to generate massive economic and financial uncertainty when it comes to China and global shipping. Two weeks ago, we argued that – from an...
February 21st, 2020 | BIMCO, Health and Safety, Medical | Read More

BIMCO’s chief market analyst, Peter Sand gives his views on the market fallout from coronavirus and where the key risk areas lie (podcast)

BIMCO’s chief market analyst, Peter Sand gives his views on the market fallout from coronavirus and where the key risk areas lie (podcast)
Peter Sand BIMCO’s chief market analyst, Peter Sand gives his views on the market fallout from coronavirus and where the key risk areas lie (podcast) Find it here: https://www.bimco.org/news-and-trends/multimedia Alternative: https://soundcloud.com/user-762275282/the-lloyds-list-podcast-shipping-infected-by-coronavirus When...
February 18th, 2020 | BIMCO, Medical, Port Conditions, Ports & Terminals | Read More

US seaborne crude oil export jump 51% in 2019 – BIMCO shipping number of the week

US seaborne crude oil export jump 51% in 2019 – BIMCO shipping number of the week
The BIMCO House US seaborne crude oil export jump 51% in 2019 – BIMCO shipping number of the week December could boast another all-time high for US seaborne crude oil exports, totalling 13.9 million tonnes and exceeding the previous October record by almost a million tonnes. In 2019, 133m tonnes...
February 12th, 2020 | BIMCO, Energy, Oil Industry | Read More

Market analysis: Coronavirus impacting the global shipping industry

Market analysis: Coronavirus impacting the global shipping industry
The BIMCO House  Market analysis: Coronavirus impacting the global shipping industry The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. This especially holds true for the commercial shipping markets, which...
February 6th, 2020 | Associations, BIMCO, Health and Safety, Manning - Seafarers and Offshore, Medical, Reports, Tankers | Read More

Capesize index plummets to -133, the first time ever in negative territory – is it all up from here?

Capesize index plummets to -133, the first time ever in negative territory – is it all up from here?
The BIMCO House Capesize index plummets to -133, the first time ever in negative territory – is it all up from here? The Baltic Exchange Capesize Index (BCI) dropped to -133 index points on 4 February 2020, turning negative for the first time ever on 31 January 2020. The composite BDI index (BDI),...
February 5th, 2020 | BIMCO, Breaking News, Chartering, Dry Bulkcarriers, Markets, Shipping Indices, Statistics | Read More

How does Coronavirus affect shipping? Read BIMCO’s Shipping Number of the Week

How does Coronavirus affect shipping? Read BIMCO’s Shipping Number of the Week
The BIMCO House How does Coronavirus affect shipping? Read BIMCO’s Shipping Number of the Week  50 million people quarantined in China to contain spread of Coronavirus – how does it affect shipping? The outbreak of the novel coronavirus, declared a global health emergency by the WHO, has caused...
January 31st, 2020 | BIMCO, Health and Safety | Read More

Chinese imports of tariffed goods from the US down 30 million tonnes

Chinese imports of tariffed goods from the US down 30 million tonnes
Peter Sand Chinese imports of tariffed goods from the US down 30 million tonnes (The Trade War affecting global shipping – Part 1) US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared...
January 29th, 2020 | BIMCO, Markets, Reports, Trade and Commerce | Read More

Peter Sand to offer future industry insight at Slide2Open Shipping Finance conference in Athens, Greece

Peter Sand to offer future industry insight at Slide2Open Shipping Finance conference in Athens, Greece
Peter Sand Peter Sand to offer future industry insight at Slide2Open Shipping Finance conference in Athens, Greece Peter Sand will offer his view of the most relevant future commercial aspects to the shipping industry and cover global macroeconomic developments as well as the current state of the three...
January 24th, 2020 | Banking, BIMCO, Conferences, Seminars, Forums, Markets, Shipfinance | Read More

The commercial aspects that matter to the Shipping industry

The commercial aspects that matter to the Shipping industry
Peter Sand The commercial aspects that matter to the Shipping industry Let’s ReFuture Shipping Thursday 30 January 2020 Divani Caravel Hotel, Athens The Chief Shipping Analyst of Bimco, Mr Peter Sand will present: The commercial aspects that matter to the Future Shipping Industry during the conference. The...
January 23rd, 2020 | Associations, Banking, BIMCO, Events, Conferences,Forums and Symposiums, Markets, Shipfinance | Read More

China’s thirst for crude oil pushes Brazil’s December exports to all-time high

China’s thirst for crude oil pushes Brazil’s December exports to all-time high
Peter Sand China’s thirst for crude oil pushes Brazil’s December exports to all-time high Brazilian crude oil exports hit a record high in December 2019 with a total 8.7 million tonnes of crude oil exported, as China continues to turn to Brazil for crude. Annual export volumes grew by 5% compared...
January 22nd, 2020 | BIMCO, Energy, Oil Industry | Read More

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