BIMCO in Bloomberg Intelligence webinar: Container liner industry outlook


BIMCO’s Chief Shipping Analyst Peter Sand will be speaking at the Bloomberg Intelligence (BI) Webinar on 29 June 2017 at 16:00 CEST.
Peter Sand will go through the current trends and outlook for the container shipping industry, moderated by BI’s Senior Freight Transportation and Logistics Analyst, Lee Klaskow. The discussion will touch on whether 2018 will bring better supply-demand dynamics; if the container shipping industry will face increased pressure from a protectionist posture from the US, and Europe; and the effect of the new alliances entering into force and the focus on cost cutting incentives.  

You can sign up for the webinar here.

BIMCO’s April shipping market overview provided the following outlook for the container shipping industry: 
The year has started on solid ground, in terms of both the development of the demand side and the ongoing work on keeping the lid on fleet growth. 2016 proved to be a year of upheaval. Most alliances  broke up to form new ones; one line went bankrupt, and in combination, shipowners managed to cut deep into the excess capacity of the fleet. Gains from a low-fleet supply are instantly reaped, whereas the benefits from new network structures take a bit more time.

BIMCO expects the container shipping industry to continuously optimise networks and make them more efficient. Cutting costs where it’s still possible and making the most of the fleet available remains essential to reaping the benefit of the individual alliance members. As cost cutting is a huge part of this, the effect on freight rates is not the only indicator of a successful implementation.

Above all, the implementation of new alliances remains the one thing to watch carefully in 2017. As four alliances consisting of 16 companies, become three alliances consisting of 11 companies, change will happen. The three alliances control 77% of global container ship capacity and as much as 96% of all east-west trades.

Before getting carried away, we should remember that 57% of all demand, as measured by TEU miles, is generated by non-east-west trades – trades that are particularly impacted by the recent years’ cascading of tonnage from the east-west trades. Another two-tier market is in the making.
in Copenhagen, DK


Access BIMCO's COVID-19 related articles and advice.

Read more

VPS Bunker Alerts

Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.

The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.

Latest piracy reports

Latest industry releasable threats



Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

About a new business partner

We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.