bimco
The expansion of the UK Emissions Trading Scheme to maritime transportation is adding another layer of emissions costs and compliance requirements for shipping companies, with BIMCO warning shipowners and charterers to review contracts governing responsibility for emissions allowances.
The UK ETS expanded to maritime activity July 1, initially covering domestic voyages between UK ports and emissions generated by vessels while in UK ports, including time spent at berth or anchorage.
The expansion ...
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Global grain shipments rose 13 percent year over year during the first half of 2026, helping support freight demand for smaller dry bulk vessels even as BIMCO warned that weather risks, fertilizer shortages and slowing production could weaken the market later this year.
The shipping association said stronger wheat, corn and ...
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Editor's Note by Gary Burrows for FBJNA's July-August issue, available soon
There was a time when the logistics decision was relatively straightforward.
The cargo was ready. Capacity was available. The rate was acceptable. The shipment moved.
Those decisions were never simple, but they were largely transportation decisions.
Increasingly, they are not.
Today, the questions come ...
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Global coal shipments rose 14 percent year over year in June, helping lift panamax freight rates as stronger Chinese import demand combined with continued energy supply disruptions linked to the Strait of Hormuz, according to BIMCO.
The shipping association said coal shipments to China jumped 41 percent from June 2025 as ...
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The global shipping industry faces a growing shortage of certified officers despite a sharp increase in the overall number of seafarers, according to the Seafarer Workforce Report 2026 released Thursday by BIMCO and the International Chamber of Shipping (ICS).
The report estimates the global merchant fleet now employs 2.57 million STCW-certified ...
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Even if geopolitical tensions continue to disrupt global shipping, the container market is likely to weaken over the next 18 months as rapid fleet expansion outpaces cargo demand, according to BIMCO’s latest Container Shipping Market Overview & Outlook.
BIMCO Chief Shipping Analyst Niels Rasmussen outlines two scenarios in the June report: ...
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The Trump administration has signed an interim agreement with Iran aimed at ending months of disruption in the Strait of Hormuz, restoring oil flows and creating a 60-day window for broader negotiations. The arrangement reportedly includes a US$300 billion reconstruction and economic fund, although no outside guarantors or enforcement mechanisms ...
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Imports of clean petroleum products into West Africa fell 44 percent year over year during April and May, reducing tanker demand and cutting the region’s share of global clean petroleum product tonne miles from 5.3 percent to 3.6 percent, according to BIMCO.
The shipping association said imports declined to 642,000 barrels ...
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BIMCO has adopted a new Biofuel Clause for Time Charter Parties aimed at addressing legal, technical and operational issues associated with the growing use of low-carbon fuels in shipping.
The clause establishes a contractual framework governing the supply and use of biofuels under time charter agreements, including fuel specifications aligned with ...
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Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, according to BIMCO, as oil producers in the Western Hemisphere moved to offset supply disruptions caused by the closure of the Strait of Hormuz.
The May total surpassed the previous record of 13.8 million barrels ...
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