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BIMCO COVID 19 weekly report dated 3 December 2021

This BIMCO COVID 19 weekly report for the week ending 3 December covers the World Health Organization (WHO), Argentina, Canada, France, Indonesia, Jamaica, Japan, Mauritius, Norway, Oman, Philippines, Portugal, Reunion Island, Saudi Arabia, Singapore, Spain, Sri Lanka, United Kingdom, UK P&I Club Gl... Please follow the link to continue reading.

Demand

We forecast that global container volumes will grow by between -0.5% and 0.5% in 2023, and by between 3.0% and 4.0% in 2024. Combined, head-haul and regional trade volumes are faring slightly better. We predict growth of between 0.0% and 1.0% in 2023 and between 3.5% and 4.5% in 2024. During the f... Please follow the link to continue reading.

Demand

In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for both 2024 and 2025 compared to our previous forecast due to a weaker outlook for coal as renewable electricity production accelerates. Average sailing distances ... Please follow the link to continue reading.

BIMCO COVID 19 weekly report

The BIMCO Maritime Information department informs members on a weekly basis, updates about the COVID-19 in relation to implementation measures imposed by governments for sea transport including for crew change as well as from the United Nation bodies like the International Maritime Organization (IMO... Please follow the link to continue reading.