04 April 2019
The International Oil Pollution Compensation (IOPC) Funds met in London on 1 – 2 April to review incidents involving the Funds and with BIMCO represented as an observer.
09 December 2010
Crude oil has been trading in the USD 70-90 per barrel band for almost a year now. Oil prices crossed the USD 90 per barrel threshold in May
01 October 2015
Peter talks to Gibraltar Shipping providing more insight on his role and views on current shipping trends.
14 August 2014
New data on some of the key indicators followed by BIMCO’s shipping market analyst sheds light on near-term and future market developments. The news follow up on BIMCO market reports
17 September 2014
The People’s Bank of China has quietly initiated a monetary counterstrike as the number of weak macroeconomic indicators mount.
“From a shipping perspective, the news emerging from China is comforting".
08 October 2014
Shipping being a derived demand of global economic growth will see lower demand in coming years, all other things being equal, than was previously expected.
15 October 2014
The world seems to be awash with oil these days, to an extent that no geo-political tensions in the oil-rich producing nations can make us “scared enough” to hike oil prices. We seem to have become accustomed to a world where such tension is the norm. This is very good news for the world economy, as it brings down the cost of energy – despite a number of ongoing major conflicts and the challenges related to Ebola in West Africa.
13 June 2013
Crude oil tankers in the mixed zone, whereas product tankers are feeling the first rays of sun between the clouds
21 November 2014
For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs will be reduced by as much as USD 1 million a year if current price levels stay put.
12 September 2016