23 December 2019
The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has raised questions regarding the possibility of blending fuel on board ships to achieve compliance. The questions have prompted BIMCO to offer its view to members on the regulatory aspects of whether on board blending can be considered compliant.
20 December 2019
The fuel oil carriage ban from the International Maritime Organization (IMO) that will come into force on 1 March 2020 has prompted questions regarding the possibility of blending fuel on board ships to achieve compliance. Here, BIMCO offers its view on the regulatory aspects of whether on board blending can be considered compliant.
19 December 2019
Join Peter Sand as he provides his latest dry bulk outlook at the INTERCEM Shipping Forum in Málaga, Spain on 21 January 2020.
02 December 2019
Get the latest insight and interviews in the December edition of BIMCO’s Bulletin magazine.
27 November 2019
With fleet growth of 3.7%, compared to global container shipping demand growth of only 1%, even blanked sailings have been unable to lift freight rates.
25 November 2019
BIMCO expects freight rates will once again come under pressure after the end of the high seasonal demand in Q4, as well as the boost from the sulphur cap. The fleet growth of 6.3% in the crude oil tanker market and the 4.8% growth in the oil product fleet will have its consequences on the supply and demand balance.
07 November 2019
The oil market has recently been shaken up by geopolitical events, but volatility in the price difference between low and high sulphur fuel cannot be explained by that alone – the uncertainty is the chaos factor.
16 October 2019
Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before.
10 October 2019
BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members here.