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Environment

See BIMCO's knowledge base and news about marine environment topics

Macro environment

The International Monetary Fund (IMF) forecasts the global economy to grow by 3.2% in 2025 and by 3.3% in 2026. The IMF reports a weaker outlook for China, Latin America and the European Union. Inflation has continued to abate since our last update and advanced economies have started easing interes... Please follow the link to continue reading.

Will Somali pirates ramp up operations again?

During 2023 and 2024 we have witnessed several attacks on shipping by Somali pirates. After a windy summer, the monsoon season is now coming to an end which increases the risk of renewed attacks by Somali pirates on merchant ships.