bimco
Ship traffic through the Panama Canal has risen sharply this year as disruptions tied to the Iran war and reduced transits through the Strait of Hormuz redirect global energy flows, according to BIMCO.
Average daily canal transits increased 8 percent year-over-year to 38 vessels so far in 2026, driven largely by tanker activity, said Filipe Gouveia, shipping analysis manager at BIMCO. Over the past five weeks, transits climbed 16 percent from ...
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Coal shipments to Japan, South Korea and the EU jumped 27 percent year over year in April as buyers turned to coal to offset tightening LNG supply following disruption in the Strait of Hormuz, according to the BIMCO.
The increase comes despite what is normally a seasonal slowdown in coal demand ...
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BIMCO has released a new standardized time charter party for the transport of liquefied carbon dioxide, targeting a fast-developing market linked to carbon capture and storage projects.
The contract, CO2TIME 2026, was adopted by BIMCO’s Documentary Committee and is the first charter party designed specifically for liquefied CO2 carriage, addressing growing ...
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The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in tanker orders, including a record ...
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Global iron ore shipments rose 5 percent year over year in the first 12 weeks of 2026, supported by stronger Chinese import demand, even as China’s steel output declined, according to BIMCO.
Chinese steel production fell 4 percent year over year in the first two months of the year, leading to ...
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BIMCO has launched a campaign film, Fair Seas, calling on governments to strengthen protections for seafarers, citing rising geopolitical risks and growing concerns over criminalization.
The group said around 20,000 seafarers are currently stranded in the Persian Gulf amid heightened security risks and mounting mental strain as conflicts disrupt key shipping ...
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The global container ship order book has climbed to a record 11.8 million twenty-foot equivalent units despite falling freight rates and rising trade tensions, according to shipping association BIMCO.
The order book now totals more than 1,350 vessels, said Niels Rasmussen, reflecting continued fleet expansion by container shipowners even as market ...
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The International Labour Organization and shipping association BIMCO have launched a pilot insurance program aimed at improving compensation and protections for workers in Bangladesh’s ship recycling industry.
The Employment Injury Scheme will provide financial compensation for workers and their families in cases of permanent injury or death at shipbreaking yards, where ...
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The global dry bulk shipping market is expected to remain broadly balanced in 2026 before weakening in 2027, according to new analysis from BIMCO, as fleet growth begins to outpace demand despite improving economic conditions.
BIMCO revised its 2026 dry bulk demand forecast higher by 0.5 percentage points, citing a stronger ...
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Though Houthis rebels declared an end to their attacks on ships transiting the Suez Canal on Nov. 18, traffic has not significantly increased, said Niels Rasmussen, chief shipping analyst at BIMCO.
Traffic for the first week of 2026 tracked 60 percent below the corresponding week in 2023, when ships began diverting ...
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