bimco
Through November the capacity of bulker newbuilding contract fell 54 percent year-over-year to 25 million deadweight tons, its lowest level since 2020, said BIMCO, the Danish shipping association.
The result is the dry bulk orderbook 4 percent lower than a year ago, and accounting for 11 percent of the dry bulk fleet, said Filipe Gouveia, shipping analysis manager at BIMCO.
The number of ships contracted has seen an even steeper decline, 61 ...
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BIMCO and self-performing contract platform provider Hunit have launched a joint pilot project that aims to reduce risks, cut manual workloads and modernize the maritime industry’s work with standard contracts, the Danish shipping association said.
The pilot project will address rising operational demands driven by sanctions regimes, increasing safety and emissions ...
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Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. soya bean shipments are expected ...
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Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association.
Furthermore, the global steel demand outlook is weak, contributing to limited demand for iron ...
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Container ship owners and operators are extending a pattern of low recycling activity since 2021, as BIMCO estimates a recycling overhang of at least 500 vessels and 1.8 million twenty-foot equivalent units, or TEUS.
“So far this year, only 10 container ships have been recycled, said Niels Rasmussen, chief shipping analyst ...
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BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.
The annex, adopted by BIMCO’s documentary committee, provides definitions to reflect ongoing developments ...
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Dutch International shipping association BIMCO increased its ship demand growth forecast for 2025 to 4.5 percent to 5.5 percent while maintaining it at 2.5. percent to 3.5 percent for 2026 on the strength of demand in non-U.S.-bound demand.
“We now expect a balanced supply/demand development in 2026 while expecting average market ...
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Product tanker newbuilding contracts in the first eight months of the year dropped 86 percent year-over-year to 2 million deadweight tonnes, representing a nine-year low, said BIMCO Shipping Analysis Manager Filipe Gouveia.
The development marks a stark reversal from the boom seen in 2023 and 2024. During those years, ships in ...
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Russian and Ukrainian grain shipments plunged a combined 49 percent year-over-year between January and August 2025, according to a report from BIMCO, the Danish shipping association. Both countries had a smaller export surplus following weaker grain harvests in the second half of 2024.
“Overall, the combined production from both countries was ...
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U.S. seaborne grain shipments improved 9 percent in the first half of 2025, despite retaliatory tariffs that caused U.S. grain exports to China to plummet 57 percent in the same period, said BIMCO, the Danish shipping association.
The first half result was driven by stronger maize exports, said Filipe Gouveia, shipping ...
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