18 December 2019
One of the most worrying trends that has developed recently - which will affect shipping demand in the years to come - is the falling trade-to-GDP ratio.
26 November 2019
The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020.
13 November 2019
As a result of a rising number of shipments of industrial raw materials such as bauxite, coal and iron ore being transported under COAs, BIMCO is working on a new standard form of contract of affreightment (COA).
31 October 2019
BIMCO will offer market insights at the inaugural Capital Link Hong Kong Maritime forum and at the Asian Logistics and Maritime conference.
18 September 2019
BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears.
11 June 2019
Fleet growth expected to outstrip demand growth in 2019 and 2020, making the near future look unappealing.
01 May 2019
Despite increased demolition of Capesize ships, the size of the fleet is set to grow substantially.
17 April 2019
Chinese imports of iron ore keep falling, while its crude steel production keeps growing.
20 February 2019
Calling a market turnaround to perfection is pure luck. But scouting for pillars that would support a higher level of demand makes sense. First up is the next Brazilian soya bean export season.
31 January 2019
Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal grew 3.7% in 2018, this was slower than the growth in 2017.