Dry cargo market report dated 8 March 2024
12 March 2024Capesize: Throughout the week, the capesize market experienced shifts in sentiment and activity.
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Malaysia, Labuan Federal Territory, Labuan - Harbour
27 February 2018EU ship recycling rules look like protectionism
08 April 2019Only nine shipyards, out of 26, on the EU list of approved recycling facilities are realistically open for ship recycling, and only three of the 26 could recycle a large ship (Panamax size or larger), a study commissioned by BIMCO shows.
Dry cargo market report
19 August 2016Container shipping: capacity management key to carriers’ profitability as volumes falter
09 September 2020Despite lower demand because of the pandemic, carriers have achieved high freight rates and profitability in the first half of the year through large-scale capacity reductions and low bunker prices.
Container Shipping: The many pitfalls in the coming months will decide the fate of the year
19 February 2019European containerised imports look likely to be stuck with demand growth of no more than 2% for years to come. That means the long-hauls into northern and southern Europe, where Ultra Large Containerships are perfectly suited to reap the benefits of economies of scale, will suffer unless cascading is accelerated.
BIMCO panel turns spotlight on arbitration challenges and possibilities
14 March 2019BIMCO has hosted a panel session on arbitration in Shanghai to discuss current issues such as the future of arbitration centres, the impact of BREXIT, the impact from the emergence of China as a leading shipping nation and much more.
Egypt, Suez Canal - Long Haul Rebates
23 December 2022Tonne mile demand triples as March witnesses US coarse grain madness
05 May 2021Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes.
EU tanker import tonne mile demand up 12% as ships avoid Red Sea area
11 April 2024In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances to increase a further 16% and tonne mile demand to increase 12% despite falling volumes.
