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As adopted at the General Meeting in Athens, May 2019
The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives.
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.
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.
As weak demand growth is forecasted for the coming quarters, the container shipping industry is set to return to negative margins.
Peter Sand, chief shipping analyst at BIMCO, talks to Alex Younevitch, managing editor for EMEA shipping at S&P Global Platts, about the container market and the challenges that it is facing from the escalating US-China trade war, the upcoming IMO 2020 regulation, and tonnage oversupply.
Peter Sand talks about Iran sanctions and the oil market from CNBC.
August 2019
Join Peter Sand at the JOC Container Trade Europe conference in Hamburg, Germany on the 17th of September.
June 2019
The tanker market is – even more so than before – all about geopolitics.
Fleet growth expected to outstrip demand growth in 2019 and 2020, making the near future look unappealing.
Economic growth around the world is slowing, and several governments – including Germany, China and South Korea – have announced stimulus packages to boost their economies.
May 2019
Despite increased demolition of Capesize ships, the size of the fleet is set to grow substantially.
April 2019
BIMCO’s Chief Shipping Analyst will be participating at the TOC Europe in Rotterdam on 18 June 2019.
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