BIMCO Search Results

Results for: red sea

Showing 31 - 40 of 3135

Filter by location

Chinese crude oil demand needs 45 additional VLCC’s to support growth

31 October 2017

In 2019, global oil demand is forecast to pass the symbolic 100 million barrels per day threshold (International Energy Agency). Developing countries account for almost all of the growth and Asia dominate.  BIMCO stated in its forecast for 2017, that the tanker demand growth for 2017 is expected  to come predominantly from the greater Asia region, led by China. China has met expectations by ramping up its import of seaborne crude oil by 13% for the first nine months of 2017 compared to the same period last year. As China is importing crude oil from further afield in 2017 than in 2016, the tonne miles generated has surged 18%. 

Sale & purchase report dated 10 September 2019

11 September 2019

Even though we had fewer number of deals compared to the week prior, interest for second-hand tonnage remains vivid across both the tanker and dry bulk sectors, with MR candidates still feeling a lot of love by tanker Buyers, while revived appetite for Capes remains vivid albeit it is still insignificant compared to that for smaller dry bulk vessels. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Sale & purchase report dated 26 March 2019

27 March 2019

Interest in the tanker SnP market shifted from MR tonnage towards crude carrier candidates last week, while even though a number of sale were have been rumored on the dry bulk side, it seems that most of these have still concluded.  The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Sale & purchase report dated 22 October 2019

23 October 2019

The number of dry bulk sales jumped significantly in the past days with modern tonnage attracting most of the interest, while even higher activity was noted in the tanker sector compared to the week prior. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Sale & purchase report dated 16 April 2019

23 April 2019

SnP activity keeps firming on a weekly basis, with MR tonnage remaining particularly popular in Buyers investing in the sector at the moment, while on the dry bulk side we had the first Capesize sale for 2019, which compared to the last done back in November indicates a discount of almost 13%.  The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.

Sale & purchase report dated 2 April 2019

03 April 2019

As the gap between Buyers’ and Sellers’ ideas seems to be narrowing in the dry bulk second-hand market, activity has stared to pick up, with interest in modern Handysize tonnage being particular firm, while on the tanker side appetite is evident across all sizes. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.