BIMCO's Shipping Analyst looks at the shipping number of the week. This week: Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise
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Mark is Partner at Stephenson Harwood, Dubai. He is a skilled litigator with extensive experience in shipping, commodities, and trade finance disputes. Having trained in London and practiced there for the first five years of his career, Mark moved to Dubai in 2017 to focus on building the Firm’s shi... Please follow the link to continue reading.
BIMCO's Shipping Analyst looks at the shipping number of the week. This week: Crude tanker newbuild contracting jumps 490% as VLCC orders gain pace
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We forecast that container volumes will grow 3-4% in both 2024 and 2025 and thus slightly faster than the global economy. We expect head-haul and regional trades to grow marginally faster than the total. As volumes during the first half of 2023 were relatively weaker than normal, we expect the 2024... Please follow the link to continue reading.
According to the International Monetary Fund’s (IMF) estimates, the global economy should grow 3.1% in 2024 and 3.2% in 2025, slightly higher than the 3.0% estimated for 2023. China is forecast to continue to suffer from its ongoing real estate sector crisis, seeing growth slow from 5.2% in 20... Please follow the link to continue reading.
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