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FEATURE | Cash-rich owners double containership orderbook in 2021
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...
Author: BIMCO
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FEATURE | Chinese imports heading for 50 per cent market share of the dry bulk market after a turbulent year
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...
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FEATURE | Agricultural exports in stunning comeback from early year fall out
Stunning comeback to Q2 agricultural exports nearly triple freight rates As agricultural dry bulk commodities exports took a dive in the first quarter...
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FEATURE | Containerships overtake crude oil tankers as most scrubber-fitted sector
Containerships with a collective cargo carrying capacity of 5.3 million TEUs are now fitted with an exhaust gas cleaning system (scrubber) to remove...
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FEATURE | Ship orderbook shrinks to 17-year low as Covid-19 slows contracting
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...
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FEATURE | Why should I pay any attention to spot container freight rates?
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)...
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FEATURE | China’s New Export Orders index at 33.5 – container shipping demand in free fall
Global economic activity continues to suffer as the coronavirus runs rampant and manufacturing PMI readings for April indicate a massive weakening of...
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FEATURE | Three out of five converted VLOCs are no longer operating
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...
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FEATURE | Overcapacity and low demand growth set the tone in the 2010s
Over the past decade, the developing world economy has allowed for strong growth in shipping activities, with the demand for transport never having...
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