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This BIMCO COVID 19 weekly report for the week ending 15 October covers updates from Greece, Mauritius, Portugal and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).
With markets down, a quieter festive period has ensued with no fresh (market or otherwise) sales having reportedly taken place and a calmer period of consolidation transpired in the last week of 2021, as the industry reflects on an extraordinary year gone by. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
This BIMCO COVID 19 weekly report for the week ending 17 September covers Azerbaijan, Iran, Philippines, Russia and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by governments for sea transport, including for crew change, as well as updates from United Nations bodies such as the IMO, World Health Organization (WHO) and International Labour Organization (ILO).
Although freight levels in some shipping sectors reached breath-taking highs this year, 2021 is a year to forget for tankers, particularly in the crude segment. The majority of crude tonnage (non-eco, non scrubber) was forced to operate at sub-zero levels for large parts of the year. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
As we bid farewell to 2020, which has quite frankly been an unprecedented and tumultuous year for nearly the entire world, all eyes are now on 2021 and most are trying to stay optimistic about brighter days ahead, especially given the roll out of the Covid-19 vaccine finally underway in many countries across the world. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Retail sales are a key driver of European container imports. In early 2020 and early 2021, retail sales volumes in the EU and the UK suffered setbacks due to COVID restrictions but recently, high inflation and historically low consumer confidence have been the main concerns.
US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020. However, on an annual average basis, US crude output in 2021 is still likely to average at slightly lower levels compared to 2020, in part due to disruptions caused by Hurricane Ida. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.