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Road to recovery

26 January 2017

In 2016 the dry bulk shipping sector experienced some of the worst market conditions in history. In response, BIMCO produced a unique analysis model, named "Road to Recovery" to highlight actions needed for the struggling shipping markets to recover - and to track their progress.

Tanker shipping: Shipowners have their work cut out handling the supply side in 2017

20 April 2017

Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and oil product tankers continued their decline following the brief lift at year-end. For one, VLCCs may not yet have bottomed out. By 7 April 2017, average earnings stood at USD 18,853 per day, down from USD 63,284 per day on 16 December 2016.

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).

SmartCon information and available contracts

30 June 2022

SmartCon is the next generation of contract editing tools. It gives the users the choice between editing directly within Word or in a more simple way in a web browser.