bimco
Global iron ore shipments fell 7 percent year over year, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand, international shipping association BIMCO said.Australian cargoes have fared the worst, down 10 percent year over year, while shipments from Brazil weakened percent. Comparatively stronger Brazilian shipments are boosting average sailing distances, but tonne-mile demand is nonetheless estimated to have taken a 6 percent fall, said ...
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The shipping industry and the international community must help put an end to a rise in unjust treatment and criminalization of its seafarers, said the chairs of the world’s largest shipping industry organizations.The Round Table of International Shipping Associations – which consists of BIMCO, the International Chamber of Shipping (ICS), ...
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Crude oil tanker deliveries plunged 74 percent to a 36-year low in 2024, said Niels Rasmussen, chief shipping analyst at BIMCO.Only 17 new tankers with 2.5 million deadweight tons of capacity joined the fleet in 2024. Recycling of crude tankers increased only 0.2 percent to 1.7 million dwt in 2024, ...
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Fleet expansion remains a concern for the container shipping market in 2025 and beyond, said BIMCO, in its latest Container Shipping Market Overview and Outlook.
The international shipping association, which represents 62 percent of the world’s tonnage, saw the supply/demand balance tighten in 2024, as 90 percent of the capacity ...
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The global container ship order book reached a record 8.3 million 20-foot equivalent units, or TEUs, compared with the previous high of 7.8 million TEUs in early 2023, said Niels Rasmussen, chief shipping analyst at BIMCO.As 4.4 million TEUs were contracted during 2024 – the second highest ever – the ...
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Russia could continue to see declining seaborne dry bulk exports through the first half of 2025, due to coal price competitiveness and a fall in wheat volumes, according to a BIMCO shipping analyst.Through November, Russia has seen dry bulk exports decline 5 percent year over year, driven by a 10 ...
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As the shipping industry faces an increase in decarbonization regulations from the EU and the International Maritime Organization, or IMO, BIMCO has added to its portfolio of carbon clauses with the FuelEU Maritime Clause for Time Charter Parties 2024.
Adopted by BIMCO’s Documentary Committee on Nov. 25, the clause ...
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Shipyards’ deliveries of container ships reached a new annual record just 10 months into 2024, said BIMCO, the organization for ship owners, charters, brokers and agents.The 410 ships delivered with combined capacity of 2.5 million 20-foot equivalent units bettered the previous high of 2.3 million TEUs set in in 2023.The ...
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BIMCO’s Documentary Committee has adopted the AUTOSHIPMAN agreement in response to a growing number of remotely controlled ships.The AUTOSHIPMAN agreement provides a standard contractual foundation for third-party ship managers to deliver services for the operation of remotely controlled or fully autonomous ships. Remotely controlled ships are currently used primarily in ...
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Container ship deliveries are continuing their blistering pace into 2024, BIMCO said, as deliveries have already topped 1 million TEUs of container ship capacity in the first four months of the year.The pace is an 80 percent increase over the same period in 2023, when deliveries reached 2.3 million TEUS ...
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