By Jite Eriabie Global economic growth in 2018 and 2019 will be highly beneficial for the…
Tag: BIMCO
BIMCO: Pressure in tanker shipping market extends into 2018
Overcapacity, weak ‘trading demand’ and weak OPEC output have depressed the conditions that usually boost long hauls…
Shipping needs to stay cautious in 2018, says BIMCO
By Jite Eriabie The shipping industry went through a number of changes in 2017, much for…
BIMCO: Dry bulk demand to outstrip supply in 2018
Next year promises to provide some breathing space for bulker owners as the dry bulk fleet…
BIMCO warns of distortion in containership ordering
Hungry shipyards and shipping companies being eager to be top dog is a toxic cocktail which,…
BIMCO: Ordering ramping up in H1 is not what industry needs
The newbuild activity for the first half of 2017 has surpassed the same period last year…
New BIMCO President heads for digitalisation
The international shipping association BIMCO has elected a new president, who has set a goal to promote…
BIMCO: Tanker freight rates continue dropping
Oil tankers experienced a tough start to 2017 as freight rates for all crude oil and…
Rise of protectionism could pose ‘huge threat’ to shipping warns Bimco
Bimco warns that the backlash against globalization and a rise in protectionist policies could pose a…
BIMCO: Shipping industry faces choppy waters
The shipping industry has its work cut out going forward in 2017 as the period will see…
BIMCO: Fleet growth squeezes crude oil tanker market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which…
BIMCO: Fleet growth squeezes crude oil tanker market
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which…