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International Maritime Organization bans toxic paint substance cybutryne
18 June 2021At the 76th session of the Maritime Environmental Protection Committee (MEPC 76), the IMO has prohibited the use of cybutryne in antifouling systems (AFS) from 1 January 2023, as studies have proven that the substance is harmful to a variety of marine organisms.
The June BIMCO Bulletin magazine is out
07 June 2021Get the latest insight and interviews in the new edition of BIMCO’s Bulletin magazine.
Container ships drive 119% jump in total new orders in first five months of 2021
27 May 2021Total orders of dry bulk, tanker and container ships in the first five months of the year have jumped 119.7% compared with the same period in 2020, primarily driven by record high container ship contracting, as investors in this segment find themselves flush with cash.
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Longer sailing distances cushion fall in US crude oil exports
15 April 2021Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020.
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The March issue of the Bulletin magazine is out
02 March 2021Get the latest insight and interviews in the new edition of BIMCO’s Bulletin magazine.
After the party, the hangover is proving drawn out for tanker shipping
25 January 2021Tanker shipping was in many ways the odd one out of the shipping sectors in 2020; at the start of the pandemic, the market was strong, only to finish off the year in the doldrums, while the other sectors stayed profitable.
