Transit of the Red Sea and the Suez Canal continues to be impacted by Houthi attacks. As no solution appears in sight, we have changed our base case to now reflect continued rerouting of ships throughout 2025 while assuming that ships may be able to return to normal routings throughout 2026. Similar... Please follow the link to continue reading.
Deputy Secretary General & Directory of Regulatory Lars Robert Pedersen heads BIMCO’s regulatory work and is an expert on maritime technology and maritime regulation – particularly in relations to the environment, fuel and safety. He is frequently participating on behalf of BIMCO at the meetings of ... Please follow the link to continue reading.
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.
A new e-learning offering from the IMO aims to equip stakeholders with the knowledge to counter wildlife trafficking.
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Recent amendments to the Maritime Labour Convention from 2006 are expected to come into effect in December 2024.
A report looking at how the world’s largest recycling nations are responding to entry into force of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC)
IMO publishes provisional guidance on the implementation of the Hong Kong and Basel Conventions for transboundary movement of ships for recycling
One year since the Galaxy Leader attacked by Houthis in the Red Sea and the crew taken hostage. Statement from BIMCO Secretary General & CEO, David Loosley
Bangladesh has emerged as a significant player in the global ship recycling industry, contributing to the country's economy. The ship recycling sector in Bangladesh generates approximately US $770 million in output annually.
