What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, ..
Author: BIMCO
Containerships with a collective cargo carrying capacity of 5.3 million TEUs are now fitted with an exhaust gas cleaning system (scrubber) to remove sulphur oxides (SOx) ..
Global economic activity continues to suffer as the coronavirus runs rampant and manufacturing PMI readings for April indicate a massive weakening of global manufacturing ..
The turbulence of the past year has in many ways clouded the underlying fundamentals in the dry bulk shipping market, but with 2020 now behind us, we are in a better posi ..
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as Covid-19 has massively slowed contracting (-50 per cent) while de ..
Converted very large ore carriers (VLOC) are increasingly becoming a thing of the past with the long-term freight contracts coming to an end as newer and more reliable sh ..
Stunning comeback to Q2 agricultural exports nearly triple freight rates As agricultural dry bulk commodities exports took a dive in the first quarter of this year and pa ..
Over the past two years, the container shipping industry has faced several challenges, many of which were felt on the Far East to US West Coast (USWC) route. This route h ..
Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having been higher. However, ..
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