Market analysis


Shipping Markets Checkpoint Season 2 - Special Guest Speaker: Jochen Gutschmidt

Peter Sand is joined by Jochen Gutschmidt for the final episode, which focuses on container shipping. Sand and Gutschmidt look into the somewhat crazy and out of control container shipping market. Commodities moved in a box have dominated much of the conversation in 2020, and here is the perfect opportunity to dive down into how, why and where it is going. The two look both on commercial (procurement) and operational (management and optimization) trends. Spanning across short and long-term analyses, giving the viewer insight into the short-term markets and a unique look into the experts forecast for the future.

BIMCO Q2 2021 Market Analysis Webinar

The pandemic is still wreaking havoc in large parts of of the world, and while the tanker market is hurting badly, the companies in the container shipping sector are making record profits. In dry bulk, rates are at a 10-year high. But how long will this situation last, and what disruptions to the current state of the market should you keep your eyes out for?

That question, and many others, BIMCO’s chief shipping analyst, Peter Sand, tried answer on 2021’s second instalment of BIMCO’s Shipping Market Overview & Outlook.

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Get analysis of the dry bulk, oil tanker and container markets. The BIMCO shipping market analysis team writes a mix of quick insight and deep analysis with a focus on the fundamentals: supply and demand.

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May 2020

Macroeconomics: global trade to suffer massive losses from Covid-19 related shutdowns

No V-shaped recovery in sight after the large-scale shutdown of economic activity and the virus posing a risk to globalisation. 

China to Europe front- and back-haul container spot rates in rare reversal

Throughout April, container shipping spot freight rates on the back-haul trade from North Europe to China were higher than those on the front-haul trade from China to North Europe.

The collapse of the oil and bunker fuel markets in early 2020

The sulphur regulation from the International Maritime Organization (IMO) that came into force on 1 January 2020 took the centre stage in the shipping industry at outset of the new decade. Four months on, the spotlights have turned to the coronavirus and the OPEC+ oil price war.

Why should I pay any attention to spot container freight rates?

Despite lower volumes being fixed in the spot market, it is key to tracking developments in the container shipping market, as it quickly responds to the changing situation and adjustments to demand and supply.

April 2020

Three out of five converted VLOCs are no longer operating

Converted Very Large Ore Carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer and more reliable ships replace them in the market.

Overcapacity and low demand growth set the tone in the 2010s

The benefits of strong demand growth in the 2010s were limited by faster supply growth.

OPEC+ production cuts will end profitable crude oil tanker journeys

Members of OPEC and allies (OPEC+), agreed to a historic production cut of 9.7 million barrels of crude oil per day (m/bpd) to reduce the massive production overhang and set a price floor to limit the fall in oil prices.

BIMCO members access to a wide range of shipping market analysis and reports

An overview of the reports and analysis available to BIMCO members.

BIMCO webinar: coronavirus pandemic effects on shipping markets

BIMCO will host the Perspectives and insights on shipping amidst a pandemic webinar on 14 April 2020. The free 1-hour webinar will touch upon how the coronavirus has impacted the commercial shipping markets and what the future may hold.

Coronavirus is disrupting the supply of ships as well as demand

The coronavirus outbreak has affected all aspects of the shipping industry, lowering, if not wiping out,  demand growth prospects for the year across all segments. The outbreak has also affected fleet development.