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When two of the world’s top trading partners, get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, we’d better prepare for what may come. While hoping that it will never take place.
Sub-continent markets have continued their depressing downward cycle this week, with virtually no fresh enquiries on currently available tonnage and previously concluded highpriced deals now starting to face problems, with several deals unfortunately failing from both Cash Buyers and End Buyers alike. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
On 5th December 2019, BIMCO held a one-hour long webinar session on the IMSBC Code, highlighting the difficulties that shipowners encounter when they are transporting solid bulk cargoes, together with some BIMCO recommendations put forward that could help improve the situation.
Two new contracts will be presented for review at the next Documentary Committee meeting on 6 June 2017 in Rome.
On Monday, BIMCO hosted an Advisory Panel in Singapore with the aim to continue to strengthen the shipping voice of members across Asia and establish a new platform for dialogue and involvement.
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+45 44 36 68 00Lines are open Mon-Thurs 08:30-17:00 (CET) Fri 08:30-16:00 (CET)
