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The shipping market in 2016 and looking forward

03 January 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

Cleaning of cargo tanks - oil tankers and chemical tankers

05 December 2023

As the BIMCO Liquid cargo database will not go deep into tank cleaning details but only gives an overall description of the methods it is recommended to consult professional Tank Cleaning Guides for in-depth tank cleaning details.

Macroeconomics: as virus cases surge, a slower recovery awaits

24 November 2020

Record-breaking GDP drops seen in the second quarter of the year have been replaced by record-breaking growth rates in the third. Despite this, the major economies of the world have still not returned to pre-pandemic levels, except China.