bimco
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 conditions in 2025 to be worse than in 2024,” said Niels Rasmussen, BIMCO’s chief shipping analyst.
With few exceptions, the U.S. ...
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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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Global ship recycling could double to 16,000 ships, totaling more than 700 million deadweight tonnes over the next 10 years, said Niels Rasmussen, chief shipping analyst at BIMCO.
The Danish international shipping association for shipowners updated its estimate following the entry into force of the Hong Kong International Convention for the ...
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BIMCO, the world’s largest shipping association, elected Fednav President and CEO Paul Pathy as the organization’s 47th president at its May 14 general meeting in Copenhagen.
Pathy, also the first BIMCO president from the Americas, succeeds Nikolaus H. Schües who is finishing his two-year term and will serve two more years ...
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Dry bulk’s supply/demand balance will weaken in 2025 and 2026 due to the U.S.-China tariff tit-for-tats, according to international shipping association BIMCO.
Tariff increases are expected to directly affect 4 percent of dry bulk tonne-mile demand, as shipments to the U.S. may stagnate or decrease. China, on the contrary, is ...
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Six industry associations, supported by more than 40 maritime stakeholders, have released a consolidated and enhanced publication: Best Management Practices (BMP) for Maritime Security (MS).
The industry organizations are BIMCO; International Chamber of Shipping, or ICS; International Marine Contractors Association or IMCA; the International Association of Dry Cargo Shipowners, or INTERCARGO; ...
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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 ...
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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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