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Road to recovery

25 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.

GUARDCON

20 September 2016

GUARDCON is an agreement for the hire of the services of private maritime security guards on ships – either armed or unarmed. The latest edition of this contract is GUARDCON, issued in 2012. Copyright in GUARDCON is held by BIMCO.

The new digital BIMCO Bulletin is out

25 February 2019

The new BIMCO magazine the “Bulletin” is out. The February issue looks at the financial side of 2020, offers the latest market analysis from Chief Shipping Analyst, Peter Sand and talks to the UN about smuggling. Also, BIMCO’s Secretary General, Angus Frew, calls for naval support in the Gulf of Guinea in his foreword.

The new digital BIMCO Bulletin is out

10 September 2018

The new BIMCO magazine the “Bulletin” is out and zooming in on challenges and questions asked ahead of the 2020 sulphur cap. “Sulphur cap consequences will draw focus for two years,” BIMCO’s Secretary General, Angus Frew, points out in his foreword. Also, read the latest market analysis by Peter Sand and read why shipowners urgently need a fuel-management plan.

Tanker market report dated 21 June 2019

21 June 2019

As we noted in our report dated 7th June, the slowing global economy, partly driven by the ongoing US-China trade war is starting to impact on world oil demand. An increasing number of agencies are factoring in an increased risk of an economic downturn into their projections. In May, the OECD lowered its forecast for global economic growth to 3.2%, whilst the Netherlands Bureau of Economic Policy Analysis recently claimed that world trade had fallen back to its slowest growth rate since the financial crisis.  The weekly tanker market report by Gibson Shipbrokers.