Crude oil tanker earnings have since records began, never been this bad. Earnings for very large crude carriers (VLCCs) in the first half of 2018 were as low at US$6,001 ..
Author: BIMCO
As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more th ..
When two of the world’s top trading partners get entangled in a stand-off, where the outbreak of a trade war could become the extended tool of intense negotiations, weâ ..
The one key factor to watch is the one thing that’s impossible to measure accurately on a global scale – oil stocks. Global stocks for both crude oil and oil prod ..
BIMCO reported in our previous macroeconomics report in April 2017 that monthly indicators were showing a strengthening in the global economy. The firm growth dynamics in ..
Since early July, capesize rates have gone up and up. By mid-August, they had reached a breakeven level to become profitable. BIMCO estimates that a capesize ship on aver ..
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