Tanker Shipping: Winter is coming, random shocks can be powerful, but only fundamental improvements last 20 November 2018 The continued severity of the tanker market conditions has made owners dig deep into the oversupply of capacity. Still BIMCO expects the tanker fleet to keep growing. A short-term rate recovery is not expected, as it is ‘maintenance season’ for the global refining industry in September and October. Market analysis Tanker
BIMCO supports improved procedures for reporting of containers lost at sea 03 April 2020 BIMCO has, together with a number of European countries and international organizations, submitted a document to the International Maritime Organization (IMO), offering support for new output on the mandatory reporting of containers lost at sea. News story Safety Environment
COVID-19 restrictions are updated 27 March 2020 BIMCO makes a continuous effort to provide information on the most recent restrictions. News story Crew support Coronavirus - COVID-19 Ports Restrictions and sanctions
Brown Marmorated Stink Bug - new season new rules 20 September 2019 For the new season beginning September 2019, New Zealand, Australia and Chile have introduced tougher rules to combat increasing spread of Brown Marmorated Stink Bug (BMST) coming from targeted "BMST" countries. News story Restrictions and sanctions Phytosanitary restrictions Ports Australia Chile New Zealand
Pest Alert – Brown Marmorated Stink Bug – Vessels Beware! 31 August 2018 Seasonal measures introduced by Australia, New Zealand and Chile to combat marmorated stink bug risk. News story Ports Restrictions and sanctions Phytosanitary restrictions Australia New Zealand Chile
Tanker shipping: Q4 only delivers temporary upside as overcapacity remains an issue 06 November 2017 This is the highest global oil demand ever but it's also a large and growing fleet. What the tanker market needs most right now is more tankers engaged in floating storage facility. Market analysis Market reports Tanker
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. Market analysis Tanker
Macro Economics - Will the plunging oil prices facilitate stronger economic performance? 11 December 2014 It surely holds the potential to do so, on a national level as well as on the individual shipping company level. Market analysis Macro
Macro Economics - Take nothing for granted; we need reforms to improve economic performance 14 August 2014 The International Monetary Fund (IMF) has downgraded its global growth projection from 3.7% in April to 3.4% in July. The adjustment is primarily due to the large negative result in the US in the first quarter of the year. The IMF stressed that this is now behind us – and it therefore sticks to its 2015 projection with an unchanged growth level of 4.0%. Market analysis Macro 2014
Macro Economics - As the recovery continues, new issues attract attention 09 April 2014 As the recovery continues to move forward, the bumps in the road are both new “friends” and old “foes”. We are still concerned with the lack of inflation in both the US and Eurozone, as production capacity far exceeds demand. Market analysis Macro
