BIMCO grows its membership and share of world cargo fleet
Overview
BIMCO is consolidating its position as the biggest shipping organisation in the world, growing its membership fleet both in absolute size and as a share of the world cargo fleet.
“BIMCO had another successful year in 2019 with our members’ share of the global fleet increasing by one percentage point to 59%. We have achieved consistent year on year growth over the last five years from 54% in 2014,” says BIMCO Secretary General, Angus Frew.
The BIMCO membership fleet today is 1,174 million Dead Weight Tonne (DWT) and the world cargo fleet is DWT 1,989 million (Clarksons World Fleet 1 March 2020).
BIMCO’s membership fleet currently covers 59.5% of the dry bulk fleet (59.2% in 2019), 51.4% of the tanker fleet (49.1% in 2019), 83.4% of the container fleet (83.1% in 2019) and 34.4% of the rest of the cargo fleet (33.0% in 2019).
The numbers show growth in all segments, particularly in the tanker segment, which has been – and continues to be – a focus area for BIMCO. BIMCO’s membership today includes 4,708 tankers representing DWT 374 million (2019 was 4,347 tankers representing DWT 339 million).
Feedback or a question about this information?
Posted:
02 April 2020
VPS Bunker Alerts
Veritas Petroleum Services (VPS) publish regular Bunker Alerts based entirely on fuel samples and have kindly permitted BIMCO’s Members to access this information.
The Bunker Alerts are not intended to be an evaluation of overall bunker quality in the port or area concerned, but usually highlight a specific parameter within the fuel which has raised a quality issue.
Latest ice reports for members
Latest piracy reports
Latest industry releasable threats
ELSEWHERE ON BIMCO
Contracts & Clauses
All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.
Learn about your cargo
For general guidance and information on cargo-related queries.
BIMCO Publications
Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.
About a new business partner
We can help members check new business partners. We also help to recover millions of USD (undisputed) funds every year.
