Bimco welcomes extension of EU anti-piracy operation off Somalia  

Shipping association Bimco has welcomed this week’s decision by the EU Council to extend the mandate…

Containership scrapping surges past 500,000 TEU  so far this year – Bimco 

Container ship scrapping has a hit record of over 500,000 TEU with panamaxes accounting for nearly…

BIMCO says dry bulk market still in terrible condition

Despite better demand side conditions on the “road to recovery” for the dry bulk shipping industry,…

BIMCO says ship demolition activity rising again 

Global demolition activity increased by 16% in the first nine months of 2016 in comparison to the…

‘Scale of cyber-security threat against shipping unknown’ 

The scale of the cyber-security threat against shipping is unknown according to Giles Noakes, chief maritime…

BIMCO: UK seaborne coal import down by 64% 

The main exporters of thermal coal for coal-fired power plants to the United Kingdom have experienced…

Dry bulk crisis could lead to major changes, says BIMCO 

The current crisis in the dry bulk shipping sector could have a wider impact with effects…

Oil product tanker earnings in decline, says BIMCO

Oil product tanker earnings are the lowest since Q3 of 2014 and could drop even further but…