Dry cargo market report dated 11 October 2024
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GENTIME is a standard time charter party developed for the dry cargo sector. The latest edition of this contract is GENTIME, issued in 1999. Copyright in GENTIME is held by BIMCO.
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The GENCOA is BIMCO’s standard contract of affreightment for dry bulk cargoes. A contract of affreightment is an agreement between an owner and a charterer for the carriage of a certain amount and type of goods between agreed ports over a given period of time. It is not limited to a particular ship,... Please follow the link to continue reading.
HEAVYLIFTVOY is a voyage charter party for the mid-sized heavy lift sector carrying specialist cargo. It is a comprehensive contract providing for free-in or liner in-hook terms for loading and free-out or liner out-hook terms for discharging. HEAVYLIFTVOY operates under the conventional cargo liabi... Please follow the link to continue reading.
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GENCOA A 2022 is BIMCO’s standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter parties for different trades; and GENCOA ... Please follow the link to continue reading.
GENCOA B 2022 is BIMCO’s standard contract of affreightment for dry bulk cargoes. It is one of two versions of GENCOA revising the latest version of the contract issued in 2004: GENCOA A - a framework contract that can be used with different voyage charter parties for different trades; and GENCOA ... Please follow the link to continue reading.
During 2024, the supply/demand balance has improved and the full year is expected to end stronger than 2023. However, in our main scenario we expect a weakening of market conditions in 2025 and 2026. For both years we are working with two demand scenarios depending on when ships can fully return to... Please follow the link to continue reading.