Iron ore spot freight rates spike 163% to lift Capesize earnings
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September crude oil tanker demolishing hits 39-months high at 1.9m DWT
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San Pedro Bay ports struggle to keep up as record-breaking 1.9m TEU handled in May
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Secondhand container ship deals jump over 100% in H1 2021
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Russia-China dirty tanker trade soars 94% y/y after Ukraine invasion
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BIMCO calls for prohibition on the carriage of non-compliant fuel oil in 2020
The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR 5) will meet next week.
17 Mar 2022 - US appetite for Far East imports to face test as February retail sales fall 0.5%
During the pandemic retail sales and personal savings have been increasing in tandem and supported US consumer demand for imports from the Far East. Now, retail sales appear to be receding and the question is whether the past two years’ savings will be enough to support continued high import volumes... Please follow the link to continue reading.
US regulations affecting your ships - get the May update!
This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The ... Please follow the link to continue reading.
IMO backs the industry proposal for prohibition on the carriage of non-compliant fuel oil in 2020
The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR 5) met in London this week. This is a short overview of the most important points discussed.
26 Oct 2021 - US September retail sales hit 7-month low at USD 535.9bn
US retail sales fell to USD 535.9 billion in September, their lowest level since March 2021, and marking the fifth month-on-month decline in retail sales. The 7-month low is partly due to pandemic-induced government spending, aimed at fuelling consumer demand, winding down while spending on services... Please follow the link to continue reading.
