BIMCO Search Results

Saudi Arabia, Ras Al-Khafji - Ballast

27 February 2018

Tanker Shipping - Tanker markets are in limbo – waiting for a better demand environment to make the day

12 August 2010

Demand: EIA has revised their oil demand forecast upwards for 2011. Global oil demand in 2011 is now expected to rise by 1.3 million barrels per day (MB/day) to 87.8 MB/day assuming consensus trends in the global economy, crude prices development and possible efficiency gains. Growth will be driven entirely by non-OECD countries (+3.8% or +1.6 MB/day), while the OECD sees resumed decline (-0.5% or -0.2 MB/day). The outlook for 2010 remains unchanged at 86.5 MB/day (+2.1% or +1.8 MB/day versus 2009).

BIMCO partner in new maritime security website

28 June 2018

BIMCO has launched a new website with maritime security guidance to companies and mariners together with other international shipping industry organisations.

Dry cargo market report dated 17 June 2022

20 June 2022

Capesize: It was turbulent seas this week as global markets buffeted the Capesize sector.

Dry cargo market report dated 21 January 2022

31 January 2022

Capesize: There was little support to be found for the Capesize market over the last week as dwindling rates and rising bunker prices slashed earnings for owners with the 5TC Weighted Average dropping to $7,390. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Somali Piracy: Indian Ocean High Risk Area revision effective 1 May 2019

11 March 2019

The Round Table of international shipping associations plus the OCIMF representing the global shipping and oil industry have announced the geographic boundaries of the ‘High Risk Area’ for piracy in the Indian Ocean have been reduced, with new advice issued to merchant ship operators.