BIMCO Search Results

On 12 April 2016, the International Monetary Fund (IMF) released its updated World Economic Outlook stating that future economic prospects are now so poor that an immediate, proactive response is called for.

Dry bulk contracting comes to a halt while demolition is on the rise

22 March 2016

With 12 weeks of 2016 behind us, the dry bulk market is still looking bleak. As the current low demand for transportation of commodities continues, the market is doing what it can by scrapping old ships and restraining from ordering new ones.

UK seaborne coal imports plunge 64% as a worrying trend lurks

10 October 2016

The main exporters of thermal coal for coal- fired power plants to the United Kingdom (UK) have experienced a heavy decline in seaborne cargo volumes in 2016. This comes as a result of the UK starting a concerning trend for the dry bulk shipping industry, by close to doubling its Carbon Price Floor (CPF).

Container Shipping: Severe overcapacity in the market and recently agreed contract rates... 6 Sept. 2016

06 September 2016

Severe overcapacity in the market and recently agreed contract rates on the transpacific trade lanes keeps pressure high on the liner companies.

Container Shipping: Weak demand growth in Q1 increases pressure on the industry

06 May 2016

The demand for container shipping is stalling at the moment. Indicators for growth in the first months of 2016 point to limited overall demand and huge variations from trade to trade.