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In an effort to bring BIMCO owner-members operating with dry bulk cargoes together in an environment where they can learn from each other, BIMCO is launching its next new network – the BIMCO Dry Bulk Cargo Network.
Since the advent of 2019, the declines witnessed across the Indian subcontinent markets have shown no signs of abating and increasingly desperate Cash Buyers finally started to offload their hefty existing (and expensive) inventories at ever decreasing rates. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
