bimco
Tanker demand is weakening as disruptions to oil exports from the Persian Gulf, Red Sea and Russia reduce seaborne cargo volumes, according to BIMCO's August Tanker Shipping Market Overview and Outlook.
BIMCO forecasts crude tanker demand will fall 10.5 percent to 12.5 percent in 2026 if conditions in the Strait of Hormuz begin gradually normalizing during the fourth quarter. Demand could then rebound 17 percent to 19.5 percent in 2027 as ...
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Grain exports from the region fell 26 percent over five weeks as attacks on ships and port infrastructure intensified, according to BIMCO.
Global seaborne grain shipments declined 8 percent year over year during the five weeks spanning weeks 29 through 33, driven by a sharp reduction in exports from the Black ...
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China’s iron ore mining fell 7 percent year over year during the first half of 2026 as net imports increased 6 percent and steel production weakened, according to BIMCO.
Net imports accounted for 57 percent of China’s iron ore supply, up from 50 percent in the first half of 2022.
“The country ...
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Dirty tanker exports from Russian ports in the Black Sea and Sea of Azov fell 62 percent during the last two weeks of July, highlighting the growing impact of Ukraine's maritime drone campaign on regional oil exports.
According to BIMCO, loadings averaged 0.98 million barrels per day during the period, down ...
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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 ...
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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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